Always keep in mind when investing in income properties that every property has two separate income streams.

Would you mind sharing how you got the property?

With that in mind, myself and my two business partners (all from Aus) are looking to purchase buy and hold residential investment properties in the 200-250k range, using conventional finance.- Are you investing in the Columbus market?

But He took a while to make his mind as as a 1st time home buyer I lowered rent to $1495 in panick it wouldnt rent at all by the time he came back.

Be mindful that in order to leverage the land as collateral for the construction loan it will need to be owned out right.

Would like to have a goal in mind of what is the maximum I would be willing to pay for these properties to even consider buying to make this a “good” deal by the numbers.

Your renovations should be functional and durable.

If this kitchen represents what is typical in your local rentals then make it clean and functional and get it rented.

In short I want to connect and start a professional relationship with some like minded people and not just the first person I come into contact with through any of agency ;)I am currently living in AZ but plan to move to OK shortly for professional and personal reasons.

Keep in mind this is very normal.. at least half of real estate sold is paying off a mortgage of some sort..