Because I will need that to pay for materials for renovations and have started to apply for those 12 month 0% apr cards...(5) If you get a decent fixed rate 5.9-6.2 for 30 yr fixed, do you still try to slam every nickle into the mortgage or should you be content with being able to cover the mortgage and/or make slightly positive cash flow, and instead of pre-paying the mortgage, save your money for a new investment?

All concerns, down to the payment of electricity bills and utilities are taken cared of by the professional hotel management operator.

The first floor tenant was paying next to nothing and the second floor tenant was also paying below the average and the utilities were covered by me.

I have seen duplexes listed that are at 120k, rental income 900 per month and the owner pays utilities.

I am assuming you would compare everything to a risk-free type investment like a CD or Savings Account and additionally maybe something like a mutual index fund for your analysis.For me, I believe I would normally pay somewhere between 700-900 on rent not including utilities.

If you're going to do the heavy work yourself, search for the best deals on your construction materials.

We can provide content rich material to help boost the 1031 exchange educational component.

Any recommended learning material to gain knowledge.Joyce, what course are you learning from?

Less credit utilization = Lower Debt = Higher FICO score.Everyone here we'll do there best to help.Good Luck,NavyDoc

There are courthouse sales, tax liens, utility liens etc and then there are public auctions usually for REOs, foreclosures etc.Best thing to do is go to a number of them and watch and learn.Good LuckNavyDoc