Feel free to message me if you have any questions or concerns!

Colleen, You are totally right about the cash flow and as far as I’m concerned I would be happy giving that to them I’m more interested in proving to my self that I can turn a profit on the property and the experience I would be getting.

Also, share your concerns about the potential leak (the green spot in the grass you mentioned).

My concern is the I/O ARM.

That one hit home for me since I just had a daughter and finally caused me to buy my own policy. 

What should I be concerned about , or what would you do?   

Ive yet to call the attorney to see what they want, but my real concern is can they mess up my agreement of sale or stall that process?

To replace the home if it were destroyed by fire or other cause is far less than half the value of the property.Would this be newsworthy if the buyer had purchased an empty lot for $1.23M? 

So, while it's only a 1% deal - it's a great deal , as far as I'm concerned. 

The bad is that often times you will find less care is being taken with your property, the Section 8 has inspections, which at times can be obnoxious and often times you are renting to tenants with no job or limited employment, so they are home all the time, causing more wear on your house.