Regarding the Capex items, it would be a nightmare if something breaks and affects my cash flow for many years to come.

But it’s easier to break things up into four or five draws, and together you identify what tasks are to be completed to comprise that draw.

MD gives you a break on closing costs (seller pays more by law) for first time home buyers. 740 credit score is good but not great.

Instead of the 20yr, I stuck with a 30yr amortized loan with let's say a... 3 year balloon payment. the break even for the numbers I ran here was around 470,000.

As investors, we can not forget to invest in ourselves.Lives break just as easy as houses, but are much harder to fix.

Fixing things that break aka maintenance and also replacing things that are at end of life like a roof replacement also called cap ex (capital expenditures).

@Greg Seivert“No rehab necessary” = a break in the “r” chain.

The condo was delivered to me in February 2020 and a few weeks after the pandemic break thru and everything came to a halt.

If going carpet and wanting a thermal break you could look at the plastic-backed osb squares also.

My desired criteria are as follows:-At a minimum breaks even as a house hack-4+ Br single family OR small multifamily-Safe area (I don't have to worry about going for a walk at night)-Within 30 minutes of Columbia (maybe 40 minutes if it is towards DC)