You might think twice about doing that right now, since its tougher to rent this time of year than in the spring and summer.Having it paid off will get you some better cash flow, but doesn't change the quality of the deal.

Most lenders won't agree to that. 20% down in an investment property is standard.

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I would stick to finding agents who have REO experience, create a quality control system for the AMs so that they don't have to worry about picking bad agents who don't perform.

The double standard will continue.There is always irony in any situation.

The quality of the building is important.

Plus, the lender will be a double check on the quality of the deal.

However, I wouldn't change the standards just because you're investing part time.

Is there a way to maintain your standard of living within a residence while acquiring a residence premises that is an asset?

A real estate agent I know is emailing me a blank copy of your standard "sales agreement" form. it's my understanding that its fairly flexible though at this stage and pretty much any arrangement you work out with the buyer is o.k. as long as both of you agree to it.