If you close a credit card with no balance, all you're accomplishing is lowering your borrowing power by whatever the credit limit was.

I think the main issue you are going to find is that there is limited inventory there, just like everywhere else.

I realized I may struggle a bit with receiving my first loan (due to limited 2 year proof of income) for the type of duplex property I really want to pursue. 

You dont have to limit yourself to single family rentals, there are multifamily properties that you could get ahold of. 

Hi, everyone! I am new to investing and am looking for good people to team up with near Winston Salem, NC. I'm looking for an investor-friendly realtor, attorney, CPA, title company, and any other help that I can get....

If the main complaints are limited to battery life, I think I'm going to give these a whirl and report back.

Ive challenged them on this since there was not vote by the homeowners, that im aware of, and they essentially quoted as 2008 law  that says the the board can: (18) Exercise any other powers necessary and proper for the governance and operation of the association.The reason they have implemented is that there was a bad landlord that allowed a tenant to rent that eventually got busted for drugs.   

I will be doing a 203K Limited FHA loan (no structural changes).

@Mike Flora  I was at J Martins last Oakland event.. and Bruce Norris did the keynote and I sat with Sean at dinner.Bruce likes SFR and half the Q and A for him was exactly that when is the crash coming and how deep will it be.his comments now were geared towards west coast but I do believe they are germane in many markets.He feels a market is not heading down until 20 to 30% or more of MLS is foreclosure acitivty or short sales and in our area that boat has sailed.. there is very little of either.He did mention though that he felt MF was  to use his words  " FROTHY"  his statement was when he talks to other MF owners and ask them would you buy your property for what you could sell it for today or a like kind one.. it was a resounding NO.. which to him or his point was he felt it was over valued and at some risk for moving backwards.. and from my VERY limited knowledge on MF I suspect that only happens in an over build situation to many doors not enough renters and you have rental bonus wars..

If your employer offers a contribution match, take advantage of that but only to the match limit.