Credit monitoring saved my butt a few times.

@Philip Amundson Admittedly I would say most properties do need some small repairs and/or updating to maximize rent so I'm not going to pretend you will be able to find a 100% turn key property, however if you can find one, then it will preserve your cash and set you up better for #2.  

We currently have no money saved for a down-payment on a new place, so we'd like to research if taking equity out of our current home while continuing to rent it out is a feasible strategy to get us in a new place in Rochester.

In essence, in an effort to save on taxes, I'm limiting the amount at which I can use my own funds to acquire properties.Has anyone dealt with this conundrum and what are your thoughts on this situation?

The extra cost is worth the immense time savings, and you'll get a more quality result.MANY other lessons learned, as this was my first deal.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I am loooking to begin saving money towards starting a buy and hold Real Estate business plan.

She's saved up a good chunk for retirement + pension and wants to use it against her rehab project, but I don't think it's a good idea and I can't talk her out of it (neither can her sons).Any advice?

This would save money on closing costs.

The monthly rent covers my loan, property taxes, yard care and leaves me with a small amount  per month which I save for repairs.

Hello all, I have enough money saved to put 20% down on another property, own my primary residence and one rental property.