I wonder two things-as someone totally new to the concept of RE Investing will I be in over my head.

Is he the type that will hold any mistakes over your head indefinitely?  

It needed substantial repairs and remodeling but the owner worked out of town and just did not have the time or the energy to get them accomplished.

Hey, all- would love a recommendation for CPA knowledgeable about our specific needs.Hubby is an active-duty Marine (26 years... so far 🙃) and we are heading back stateside soon (AZ).

The outcome was very successful, we were able to go through it from start to finish it and sold it for a substantial higher amount than we initially thought.

Just a heads up on STR's, you won't be able to operate one in the Austin city limits, and several parts of Travis County, unless you are a primary homeowner.

But I'm coming up with a number that is way higher than I deserve for the potential evaluation of my property. here is how I see it in my head and please correct me where I am wrong: properties surrounding the auburn area for 2 bed 1 bath are on average for 950.

So now I have gained some knowlegde on how the process works but I need some pointers to get me headed in the right direction to find a good deal.

Partner brought this deal to my attention and had already figured out a rough plan forward - we were able to put our heads together and come up with a detailed plan.

No problem, here are numbers off the top of my head that I think are applicable.Address: 1823 Madison Way, Lynnwood WA 98087Purchase price - $583,000 (May 26 2021)Down payment - 10%Interest rate - 2.9% - 30 yearMortgage payment - $2800Rent collected from tenant - $2,000Stock Portfolio Line of Credit -$133,000Interest rate on line of credit - 4% (not a fixed rate and no fixed payment schedule)Last month my real estate agent ran some numbers and comps and thought $750,000 was what it might appraise for if we re-financed.