I don't know anyone there personally doing it like we do, but it's something to consider.The other option, of course, is to just try and bump up your expected monthly cost from 10% to something like 12% - 15%.

I now know what to expect and how to make an offer, which I had only read about previously.I haven't heard back from the seller yet...wondering what the typical time frame is for that?

Are you more interested in immediate cash flow, or are you willing to wait for potentially higher returns in the future?

Not only is it easier, it leads to more on time rent payments, and it also helps convey expectations. 

We had to put in more than expected, so we decided to keep the property and get our “profit” through appreciation over time rather than flipping it.

The Commerce Department reported this week that permits for single-family housing starts dropped to a five-month low, indicating a slowdown in future construction as well.Spring Thaw?

Plus, if they don't pay, and their wages have to be garnished, their employer and future employers don't like that at all. 

Our personal tastes lean more towards Reunion, but everything you read or hear about Championsgate suggests that calendars fill fast, high occupancy can be expected, and values stretch further in that development.

These are areas where you can still buy in under $100k and usually still expect rents at $800/mo and up with low vacancies.Feel free to reach out if you'd like to chat!

With the NAR settlement, trying to understand what's the norm in the near future is a bit confusing.