We don't want to sell the house but want to make sure we are covered as much as possible on the extra liability of renting a house with a pool.

Hello Bigger Pockets Community,My fiancé and I are beginning our real estate investment journey but we live and work in one of the most expensive markets in the world - even though we are 20 minutes from San Francisco there is not a property in our city listed at under 1 million (yes).So I recently took a trip to Costa Rica for the sole purpose of identifying regions we would like to invest in and ended up finding a fantastic little condo for our starter property.

I have no dog in this fight, but the abundance of 2-4 unit options in good parts of the city provide a better long term opportunity.

We are simple looking for a documented method to determine if a furnace issue was the result of our tenant running out of fuel (thus sucking sludge into the system.Any suggestions????

We are Rowdy & Kyria Baker.

I spent a lot of time thinking about this and who the ideal tenant would be and ultimately decided long-term would be best.

Have no idea how long it will take to get to my first property but looking forward to learning the process and getting to know the like minded folks on this forum.  

Looking for ways to keep this property in my portfolio as a long term rental.

Once fully satisfied, the split becomes 50/50.When accessing this deal, here’s what went through my mind:A PMP would have to be okay with holding their funds long-termThe borrower would need to be experienced with doing wraps, as it takes time to get willing and able buyerThe borrower would need experience in pivoting to a different exit strategy should they fail to successfully execute a wrapWith NO EQUITY on the property originally, and the PMP being in second position, the borrower would likely need to cross-collateralize if the PMP has NO INTEREST in taking over the propertyMy conclusion, from looking at this from a thoroughly analytical standpoint, would be only someone who has a moderate to high risk tolerance and cares about cash flow without pulling out and parking their money into numerous deals would likely lend on this.Anyways, thoughts anyone?

Purchase price: $350,000 Cash invested: $100,000 Sale price: $875,000 Stamford water view single family home on Long Island Sound.