I have an investor that will loan the down payment and so I am going in on this deal with no money down.

I finally got a small payment processed but she still owes me over $11k.

It seems like selling and renting is the biggest wealth builder in the end Rent in a lower cost area with a lower monthly payment and use the difference gained  to invest in the stock market ( which would yield around 8 percent) Keep the primary and hold it long term ( average appreciation in california from what I could see is about 5 to 6 percent if you look back in time Keep it as long term rental ,it would rent for $3800 current mortgage is 6150 $ - doesnt seem smart to me Let me know if you need any more details in order for you to give me a better answer or insights 

Can you get a loan or pay with cash?

Purchase price: $750,000 Cash invested: $26,250 I helped my clients find and purchase a fixer duplex to serve as their starter home.

Questions you need to ask yourself are: Do you prefer higher cash flows or less headaches?

All have a generally cheap barrier to entry and have potential for cash flow.

@Gaya Ben Simon, a quick gauge I use for contractors is their payment terms.

Previous landlord has only one late payment in the past two years and no problems.

The Midwest and Southeast are popular for cash flow.