Hello everyoneI purchased the "Start with Strategy" book by @Dave Meyer from Audible.

Purchased a new construction in my town - (Gallatin, a suburb of Nashville TN).

@Navjeet Singhwhere is it, what is purchase price, what's your plan for it?

The advantages to those are that there are less restrictions, less competition and lower purchase price. 

We are looking into purchasing cash and do some light updating but the county records shows as a 2/1 but the house is actually a 4/2.

They didn't even last 18 months before selling it to someone getting started in the PMC biz (who got screwed on the purchase). 

Bars will be on the windows (crime reference above).Don't be surprised if your cheap purchase costs that much or more to repair as your repair costs will be much higher than a home built with more modern materials, such as in the 1940s-1950s.

In my acquaintance's experience, one of whom has triple digit number of loans being serviced by them they have produced quality and reliable results.FCI is another large, well known servicer used by many people in the industry.

If you already have 15 rentals I’d obviously take a $200k cashout refi on one of them and use that for the purchase.

Hey Jacob,Hiring a real estate attorney can be a smart move, especially for navigating the legal complexities involved in purchasing foreclosed properties.