But I did put one under contract just last Friday. 

I received a complaint today from a tenant that their neighbor across the hall started putting partially smoked cigarettes on their door frame to finish later.

Hi BP Fam ,I'm looking at a rental property I want to buy but don't want to put down the 20% on a DSCR Loan.

If it's a lower class neighborhood you are probably going to put in $75 ceiling fans.

At which point in the foreclosure auction process (Let's say once I am the winning bid on the property) do you have to put down an EMD?

When I started my journey I bought my first house with a conventional loan, put 5% down and bought a 4/3/2 house.

Put an enclosure around it, heat it when necessary and  call it an indoor pool.My next personal house is just going to have a smaller pool like one of these.

Back when you were a rookie and you made your first big dumb mistake — was there was somebody who put you on the right path without cutting you down or being flippant?

Buy and Hold: Norfolk (Best Cashflow Potential), VB (Townhomes tend to work well, Green Run is a great area for cashflow), Chesapeake, Newport News, Suffolk (Less Military presence which is why i would put last.)STR: VB (in the proper zones if you have the money $850K+), Norfolk(Ocean View area specifically but have to watch out for the AICUZ restrictions), Leave the restPart of that decision process is distance to that I would need to travel to deal with rehabs, I hate dealing with the tunnels so I would almost always pick places on the peninsula last since I am based in Chesapeake.

Putting up 58% turns a good price on this into a bad deal.