But I do agree that it can establish patterned behaviors (but take everything with a healthy dose of skepticism when it comes to social media these days; sometimes people only put their best foot forward via social media-- again, online personalities can be very misleading).

Hire a professional property manager to handle placing the tenant.its one thing to evict dead beat perfectly healthy tenants .. who don't pay..

Together then we would go into an joint-entity and purchase the home with traditional financing.

If I use all of my own cash my return needs to be pretty healthy.  

Her son had done work on the place that did not meet code so we had to repair it, including duct taped PVC joints that were never glued???

@Jennifer Brown make sure you are running your numbers with healthy vacancy, maintenance and CapEx numbers.

Were there any major improvements to the house that were paid for jointly?

Healthy HOA reserve funds. 

If not possible, then maybe a joint venture with someone who has the credit to secure the loan parameters On the other hand, congratulations fir doing what your doing at a young age, wish I had done the same, but it’s all good!

Hi there!

Returning member from Portland Oregon.