If we put a tenant in the house we will have to pay the state back their $8,000 of assistance.Loan Balance: $150KCapital Required to Rent: $10K ($8K to pay out the state and $2K that I put into professional cleaning and new carpets.) 

Those who are making millions of dollars by teaching it have to make it seem more complicated that it is so that you feel like you need their expensive programs.

This extra payment deal is for consumer/homeowner that will spend all the money he has available on cigarettes, beer, etc. so he “fools” himself into “painlessly” saving money by building extra equity in his one big “investment”.A professional investor should NOT need to “fool” themselves into “forced” savings.  

Over the next 5 – 10 years, real estate in SWFL will increase in price for sales and rents.Please feel free to reach out to me with any questions.Thank you,

Though we're not based in Ohio, we do plenty of out of state work.Feel free to check out our website below and contact us if you feel we'd be a good fit for your project!

I didn't feel right to make an offer that high.  330K for a tiny 1bed, 1 bath with loft cabin. 

I’m considering it more and more but I feel I should stick with the area I’m familiar with and play it safe for my first rental.

Hey Jason, As tax professionals, we cannot solicit our services in the forum directly as its against the BP rules.

However it feels pretty standard with inventory.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?