She stated upon approval of application and back ground checks she would pay me the SD with money order the next day.

Occasionally I checked in 2000 there're few FS condo w/ 200k, now price is double in just 4 years.These are really the market where STR regulation is increasing the price. 

However, I have a daughter at CU Boulder and it would be easy to check on the STR/MTR house while visiting.   

- gather your thoughts and what is important for you two- go to an business attorney and let him explain you which entity type fits your need- let him draft an operating agreement and see if this is what you like and revise it if necassary- ask an CPA and do a conference call between your attorney and CPA and check if both are on the same page and if bookkeeping can be done with that entity formThis is how I structured my 6 entities with family/friends/partners/limited partners/investors ect. 

Check out the Neighborhood Assistance Corporation of America (NACA) loan program. 

I always run them through credit check even if i inherit a tenant or have the seller evict them before i get the property , this happens often when sellers have bad tenants in the property. 

Never invest in any city on this list: Mapped: The Most Dangerous Cities in the U.S.Rent control - Some states and metro areas have implemented various kinds of rent control.

I am fixing to put it in 2 more houses, but after your comments, I will go check out the other installs to see how they have held up. 

Hi Kareen,Our Editorial Director Account Closed and I actually just wrote articles about our reasons for selling or keeping our primary residences as rentals that you should check out!

You also don't want to take that, if that's earned or savings, or pop it all into a first deal of any kind.