The problem is that a full time employee would take a large percentage of the cash flow, the calls and showings are sporadic but last longer than the standard 9-5, and it still doesn't seem like enough work to have someone sitting in the office all day long.

Verizon has a 36 provision lease agreement and you need to understand your rights, your land, and what it is worth.In regards to Kevin Costello being contacted to extend a lease prior to lease expiration, this is standard practice.

Yes the all-in price includes the rehab - $20k rehab is pretty standard over there.

They won't be collecting any rent for you unless you negotiate a contract with them separately, and will certainly charge you 10% or standard rate.

Today the loan officer told me she didn’t think the home would pass FHA standards and refered me to another bank.

Standard guru marketing.Secret info.

Sure, fixer uppers on the MLS go higher than they should, but as for standard sales in decent condition there doesn't seem to be nearly as much competition as a year ago-Bill

The "gold standard" is to buy a solid house, in a good neighborhood ,that rents for 2% of all in, rent ready price or better.

The standard MN purchase agreement doesn't allow buyers to do that upon final walkthrough and the sellers didn't have to repair these issues.Check your purchase contract to see if this is legal.

If I understand current lending standards correctly, I'll need to refinance my current FHA loan into a conventional loan (my LTV should be about 75%) and only after I do that will I be able to get another FHA loan to buy the 4plex, right?