My husband says absolutely no to anything that requires flood insurance but I would love to find somewhere to invest at the Jersey Shore.

Over the last month or so, I took the required 90-hour broker pre-licensing course online, passing the course and also the Indiana state exam just last week.My plan is to never quit my W2 job, as I have a good, steady income, insurance, 401k, profit sharing, etc.

RM’s are Insured by HUD, therefore the HUDguidelines......for at least the first 180 days, the property must sell for 95% of appraisal for the lender to be reimbursed by HUD....24 CFR 206.125Typically, the lender will order an appraisal prior to listing the property for sale.  

The Profit you will have is not necessarily 2k a month what about fixes, insurance, utilities, trash, and just pesky little repairs? 

What if you inform tenants that your insurance co requires all persons residing there to list make and model of  their cars.

After taking into account property taxes, utilities, water, insurance, and a 10% repairs & capEx fund, I figure he's making ~$5,000/month. 

If any member ever has a question about insurance claims or a closing, do not hesitate to reach out.Daniel Alvarez

I put my rehab and insurance costs on the HUD and get them back every time.

Unfortunately the US is always in conflict somewhere, so i consider all military a stable job market.Value add and under market price.

That will hit your cash flow over $200/mo.Next, I do not see a line for insurance.