The house also needs minor sheet rock patch work, carpet replacement, bathrooms updating and paint everywhere.

Phase one is conducted by an engineer.The site inspection, phase one, cost reserve stable will be in the thousands to perform.

Most recently we’ve also seen a lot of outside investors move in because of how the market has been performing, especially on the multi-family side of things.

This is where you tell the seller, if the guy you find can't perform, the seller is SOL.

performing real estate related tasks.

I thought the Owner's Policy only covered the buyer's portion of the home, ie 25%, so I am confused as to why it is more expensive.I also don't understand why there are two separate policies, presumably when there is only one title search performed.

You definitely want to perform a more detailed analysis before moving forward.

My lender lumps all my debt together, including rental property, and then performs a DTI using 80% (I recall) of the revenue generated from my rental income and inculudes that as regular income.

I projected a 21 % leveraged cash on cash return but in reality it has been performing much higher.

Problem is I now need to patch and paint