I double check all title work and coordinate closing so nothing is missed.

A lot of hard work and managing.

I have both and LTRs are infinitely less work and less headache.

However, repairs or improvements must be permanently affixed and add value to the real property.Costs and Escrow AccountsThe costs of the renovations will be based on the plans and specifications for the work and on the Construction contract for all of the work requested by the borrower.

Hi Anne,It all depends on your own goals, if you really believe in the area, have done the work and have come to a conclusion that your money is used best in an asset here, then do it.Theres no reward without any risk.

They will pay you a fee, LEARN, save and go on your ownGood luck Wholesaling in LI HMM, not going to be easy What many who consider wholesaling are trying to do (probably without being cognizant of it) is trying to SHORT CUT the education, experience, and capital necessary for successful real estate investment.  

All of this highlights the important of a good relationship with your lender - you want someone who will go to bat for you internally, rather that saying "I'm really busy right now and that's a lot of work and the underwriter already said no."

You would have to refi your FHA into conventional on the one you live in now, which would probably work and you could be at a better rate also.

Hi Yu Jin,Dayton is a step up from Toledo but also comes with a step up in price.The numbers make sense in many Ohio cities.You make money when you buy and not when you sell.So look for off market (We do a lot of direct to seller), negotiate hard, buy with cash and buy quickly.Great deals don't last so you need to know the numbers very well in your target market.I've flipped hundreds of properties in Toledo since 2014 and am glad to say that I know the market like my back pocket.All I need is the address, scope of work and how much I can buy it for.Quick access to AREIS, the MLS to run comps and "ka ching".I know if it's a deal or not.Immerse yourself in the market and become a market expert on the numbers.Nothing comes easy mate and all good things take time.If you are looking to build a rental portfolio in Ohio you have to build a big one.Buying 1 or 2 properties and expecting a significant impact to your bottom line from a net-worth or cashflow standpoint isn't worth the risk IMO.In all sub $100,000 markets, it's important to build a large portfolio as there is a high likelihood that you will have repairs and vacancy on 1 or 2 properties at any given moment.Just my opinion and all the best.

Look into properties that allow for depreciation to offset rental income.STR rental can also save you taxes, so please understand that loophole.Remote Work FlexibilityConsidering your remote work and the need to stay near St.