Everyone's free to run their business the way they want but if you are screening tenants properly and have procedures in place to deal with problems, I see no justifiable need for M2M and one-year leases provide more stability and income.

@Patrick Philip The standard contract mtg contingencyrequires the buyer to properly pursue the loan and get turned down, not simply just walk away.....I’d refuse to release the EM.  

I live in a developing city (Huntsville, AL) and this is "new" land.

I see so much value in what you are saying about hanging around others who are further along than I and the relationships that develop through that.

Hi all,Been on the house hunt this year for my first property, a duplex in Austin for a house hack.Obviously it is very difficult to find a cash flowing rental in Austin proper; but, we're not really interested in moving out too far from the center of town, for lifestyle reasons.Looking at one potential property, and it looks like, factoring in net rent from one half  of the duplex, property would 'cash flow'  -$2000/mo (FHA loan, 3.5% down). 

Also, the association controls finances, insurance and many other things, a friend of mine has a condo in a unit mainly controlled by Canadians that are seasonal, in their infinite wisdom they decided to not maintain flood insurance for the development (they are in a flood zone)  now the units are unfinanceable , so the values are lower because only cash buyers can buy in the building.

I'm a software developer and have worked with a bunch of REI companies that use Carrot. 

The George Lucas Museum, Coliseum & Exposition Park renovation (preparation for the Olympics), USC's continued investments in the area, LA Ram's stadium, Metro Rail development, and the fact that much the rest of Los Angeles is unaffordable, are all contributing to the development here.

I want to make sure I am entering the figures properly.  

From there I'd like to branch off into real estate development.