My target area at the time is mainly "ARKANSAS", although, I do a few other states.

I would much rather have rentals outside of an HOA, as these add additional costs and limit your flexibility with the property (have to send any exterior decisions to a committee, sometimes cannot rent OR can have ability to rent revoked by committee vote).Aside from that, the main things I see are 40K for 1 property grossing $675/mo or 2 properties for 45K grossing $1000/mo.

Its safe to say that I live in a cheaper area of the state.This particular place is not in a bad neighborhood and is acctually just barely outside the main part of the city, less than 2 miles.

Hi Greg,I've mainly been using to buy as the MLS market is too crazy.

Then I mentally walk the broker through the main parts of the house and I take notes.

There is a main building with 5-6 bedrooms.

Most people want their masters to have a full shower and the master, along with the kitchen, are the main selling points to tenants.

I have cash to use, great credit, but minimal income, limiting me to under 80k properties mainly.

The section 8 tenant was resigned for another year due to nature of the tenant.Roof and chimney was redone in 2009, new gutters installed.Plumbing was replaced in 2009 (main stack and drain)forced hot air furnaces for 1st and 2nd floors - 2004Electrice baseboard for 3rd floorall hot water heaters replaced within the last 6 yearsEveryone is up to date on rent, and he is willing to provide me with signed statements for verification.

Because they have made conventional lending too high a hurdle?