This combined with my new boss giving me additional responsibilities (how dare he...) and the support of my wife prompted me to take the plunge. 

Keep in mind that these homes are sold "as-is," so a thorough inspection is crucial to identify any potential issues that could affect your renovation budget and timeline.Special Requirements:Freddie Mac has a "First Look Initiative," which gives owner-occupant buyers an exclusive opportunity to purchase homes before investors can submit offers.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

I have found that most have had a positive response to having section 8 tenants.

It’s crucial to negotiate terms that benefit both parties, involve a trusted attorney and title company, and conduct thorough inspections and market research to ensure a solid deal.Good luck!

Jerryll's team is very responsive and extremely helpful.

Dan, I appreciate the thoughtful response, many things to consider and certainly a lot of great information.For the expenses, yes at 33% I would agree it is a little thin.You bring up some great points as it relates to opportunity cost and the payback period with a large down payment.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

Mike, thank you so much for the response!  

(Okay, I’ll back off on the family and friends.)When I dedicate 45 minutes giving thoughtful advice in response to a DM, and the person doesn’t even respond with a thank you, they should owe me $125.