The few I have been looking at are close to a military base which mean there really wont be a shortage of renters as there will always be the influx of service members looking for off base housing and offering a good place to live is always a plus.

I have a victorian aged building - though it is not "Victorian" in style - which had suffered a chimney fire that travelled down the ballon framed walls to the first floor.

If both were still being used as rental properties, being the mortgagee on the multi would be a little lower risk as the probability of the property suffering a complete vacancy - and loss of revenue - is lower.With the SFH, you have the option of selling to an owner occupier, in which case the mortgage is as safe as their employment and money management abilities.

im relying on my contract to do a lot for me as well. can i just write in the contract that the seller pays for the search with a clause that if any issues are found and not addressed before the contract end data the contract is void and does not renew. is that a good exit strategy or do i need something else to protect my self from deals that wont work out and unnecessary out of pocket expenses.

Many who start out never get out of the start gate as they are intimidated and suffer what we in the business call "analysis paralysis".Get out there and start doing deals nuff said.

Jared Adamson - you're not the only one suffering from Blackstone's expansion plans, they've gotten as far as Japan (our playing field) too, acting on behalf of China's sovereign fund, no less - http://www.nippontradings.com/japan-real-estate/japans-stability-increases-foreign-investment-flow/

When both fail to make the payment, both credit scores suffer as a result.

The Economy is still in the tanker here, and unemployment is still high.There is still a shadow inventory of homes in foreclosure, people are living for free in their homes, why rent when the bank wont kick them out?

You can utilize the 2% rule but you wont find a ton of projects.

Although Im pretty sure he wont go for it.