I have extensive experience in other industries outside of real estate.

Hi everyone,Currently living in queens, work in Manhattan.We (girlfriend & I) want to buy something outside the city but within approx. 1hr commute to Manhattan.We want to house hack but also hoping the property will appreciate nicely over the coming years.

I have extensive experience in other industries outside of real estate.

If they are not maintaining electricity, then I would use that as breaking the lease outside of non-payment.

A lot of investors find ways to get some institution to finance their deals outside of banks.

The structure you are looking at works fine so long as the asset generates sufficient cash to cover expenses; however, as all RE investors know, the unexpected furnace malfunction or roof failure requires injection of outside capital. 

Based on that I would either not ask for any repairs and take care of them after closing, or ask for some...it would all dependent on what we come up with outside the contract.

A red state with good Landlord-Tenant laws is a must though.Here’s a few states that I’ve been looking at:North CarolinaSouth CarolinaTexasIdaho WyomingMontanaGeorgia (outside of Atlanta)Mississippi AlabamaKentuckyTennesseeSouth DakotaOklahoma (not preferred, but will go for right deal) Arizona (not preferred, but will go for right deal)Florida (not prefered, but will go to Northern FL for right deal)

hi everyone - i have some money through my 457b contributions, a portion of which are in a roth ira. if the math checks out on a property, i think i can do better investing my roth ira into real estate. it'd be great to hear from others who've found some loopholes with the least penalties or tax impact on such a strategy. my account does have a restriction wherein i'm unable to take out a loan against the plan for a property outside of california (my home state). my intent is to invest out of state. questions: has anyone ever rolled over their funds into an escrow, perhaps?

Everything was replaced in 2013 after fire damage so no known repairs outside of accidents or "acts of god".Great long term tenant has paid $600 since 2014 no real reason to raise, it's about avg for the area.61k would be a top dollar figure as it still falls within numbers I was seeing with cash buyers in the area at the moment.