Reducing risk requires at least some time spent in research and involvement in a deal.There are many other things you learn along the way as well. 

Head over to bank rate or and take a look at the mortgage calculators, plug in the numbers and get an idea of what the property needs to generate to satisfy the intended debt.You still have to underwrite the deal for the non-finance expenses as well(typically 40-50% of the gross rents). 

.- The inspections are only 5 years, but tenants are not likely to take care of them home as well as you, and refurbishing hardwood, lath and plaster, and anything else is going to be much more expensive than the typical Landlord special (white paint, and grey LVP)It will all come down to making your numbers work.

Best of luck to both of your daughters as well!

They can pay for the credit boost as well Thank you!

On the disclosure form, the seller had indicated “no” to any known damages.

It’s crucial to ensure that you’re compliant with local zoning laws and HOA regulations related to vacation rentals, as these can affect your ability to rent the property.Overall, while it can work well, especially if you're looking for income from rentals, make sure to have a clear understanding of the financing rules, potential restrictions, and the financial risks involved.

On the other hand, the croissant are cheaper, local and work pretty darn well.

My name is Chelsea and I am new to investing as well!

Worked well with his days off.