Beach properties and food sounds like a win win situation to me.

You need to have working mechanical otherwise they will just do a larger contingency Exterior work can be done yourself unless they are not in compliance with HUD You can always go with a very low grade material for floor covering just to get through inspection.Lastly, some food for thought, unless you do not have the capacity in your budget because you are restricted by the loan or your DTI/Income, money is cheap and if you can have someone else do it now and you can place your time in your core job to earn more to be able to buy more, why not just let them do it.

There are long threads on both companies on BP I suggest you read some of those .also since your new to BP  also take with a grain of salt anyone who jumps on a thread with their 1 st post and creates their account same day and then makes a glowing recommendation of a company.If your looking for debt investing I always like to recommend folks to look no farther than were they live for a few reasons..

There's a healthy balance there, but good food for thought.(4) Focus on the 1 Project and shut your mouth about the pipeline.This makes sense and albeit counter intuitive is the right approach.

My plumber was swamped trying to clear his schedule for turkey day, so, I gulped down some food and off I went.This one was a bad one.

Food for thought.i need to be more careful going forward as i was more focused on buy and holdWhat are some of the creative ways of coming up with the down payment?

@Andrew Magoun, -take these thoughts with a grain of salt, I've only owned two multi units so far:You may also want to increase your maintenance/repair percentage, depending on the age/condition of the property you purchase. 

If you visit rural areas, and smaller villages, you will find a growing number of vacant houses - mostly old, arguably obsolete, structures.Based upon antidotal observations while visiting family a couple of summers ago, a similar trend of "urbanization" appears to be occurring in SK and MB as well - fewer folks live "on the farm" or in the smaller hamlets that existed every 10-miles in the days when grain was hauled by horses and oxen and steam locomotives needed to frequently take on water.However, I suspect these trends only account for fraction of the total housing starts nationally.However, like you, I have a hard time explaining the remainder of the housing starts based upon immigration alone.

Plus I do have a nest egg in traditional IRA that will never go into REI that will keep me out of the cat food isle unless RE AND equities go into a very long term depression.

I would like to provide you some food for thought regarding future acquisitions.