Basically sounds like you’re putting down an extra $20k for…Him choosing the property (I assume/hope it’s really you both choose or it’s actually to his advantage to pick it, so this I feel can be disregarded.)Him running all the property management. 1) feels like he might get sick of doing all the work and forget why he’s doing it. 2) you’re paying $20k more to not have to do it so how long would it take for property management fees to reach $40k?

In Pennsylvania, what happens to a state income tax lien after a foreclosure sale depends on when it was filed and who has priority.

That's my assumption is that it may cause a liability issue depending on how the state laws are worded.

If you are in Essex Co, that 460k will go for way higher, depending on the town.Step back, why do you want your first investment to be the biggest risk any investor can take by accepting the property and all of it's faults without having the right to make repair requests?

Once you see what the software is suggesting depending on the settings you have, double check on the OTA and see if it's comparable.

How much the rent increase is depends on the market and the amount of notice depends on your area (30-90 days is the usual range).

I think renters with disbilites are good for two reasons. 1. they have a consistant stream of income and 2. depending on the disability they are more likely to stay longer in your rental.

It looks like in your state (CT) like my state PA that electricity is de-regulated meaning that the consumer can actually choose the company that generates the electricity separate of the one that maintains the physical lines and handles billing.

I am familiar with Georgia’s Own Credit Union and I was definitely wondering if they are considered by other investors to be a good lender to choose.

As you gain experience and confidence, you can explore more advanced strategies like BRRRR or expanding into different markets.Ultimately, the best approach for getting your first rental property will depend on your individual circumstances, goals, and preferences.