Successful Entrepreneurs always know this and work on in. I

However, my main concern is not getting the benefit of force appreciation on the property (because rehabs are done) if BRRRR is the strategy, and going all cash in. I

I plan to visit OR & Vancouver this summer to figure out which neighborhoods to invest in. i wouldn't tap the fish tank on the w2 job.

Did you know the tenants before hand or are you just finding people who need a bedroom to stay in? I

The current tenant bought the fridge when the previous owner said they couldn’t afford to replace the one that was in the apartment when they moved in. Is

The only issue will be if YOU can adjust your expectations to accommodate the expected issues with living UNDER your tenants such as tenants (walking at odd hours,friends over,parking,trash,different work hours,infants,use of common areas such as yard)The best thing you can invest in is soundproofing and carpet padding upstairs.

How do you identify new markets to invest in? Is

From your post it sounded like you wanted to buy your father a home that he could live in. I

What is the payoff on the noteWhat state is this inI assume it was not owner occupied (if it is then you can run into some serious issues if borrower fought foreclosure)Have you run a title report to check for any taxes or other liens owed?

Hi @Jay Green it seems like the above posters have done a good job chiming in. I