ya absolutely. most people just recommend multi family because it allows you to offset your income while living there without having roommates. also they tend to cash flow better so if the plan is to do this year over year making sure the rents cover your DTI when you move out is very important.

I am aiming to keep this long term.I plan on asking for repairs but I strongly doubt I will even get a discount.  

Hello everyone, I’m new to this site and looking to learn how to buy my first rental. 

Is this your first one?

Purchase price: $245,000 Cash invested: $50,000 This was our primary residence that we are lived in for 6 years while we fixing up and renovating. 1963 farmhouse that was outdated and loads of half a$$ work and deferred maintenance.

This team consists of an Investor Focused Agent, Lender, Contractor, and PM.Read this article on the "core 4".

Purchase price: $11,250,000 At the beginning of April, LGV Capital provided financing for the acquisition of this property.

Purchase price: $101,000 Cash invested: $120,000 This is my first investment property and I’m hoping it goes well What made you interested in investing in this type of deal?

Unfortunately it was hard to find a contractor during the summer who would take on this "small" job (~$3k).

I would say 80% of homes at inspection have some evidence of insect or rodent droppings somewhere.The way I am reading what you are writing is that this is not a mold problem.