He's a self-employed handyman and I am rather concerned he won't be able to make rent for long with no income.Maybe he can cover this month's rent, but I'm guessing he's about to be unemployed and crushed with medical bills.He knows he has a big rent hike coming, so we've briefly discussed an exit strategy (before he got sick).

You are already saddled and stressed with debt, I don't think you need an additional dose with hard money, unless the deal is one in a life time.

I will do some additional research as well.

From what I've learned after some reading and from listening to many episodes of the Bigger Pockets podcast, some of the keys to success in my current field - including an eye for location and rehab potential, the creation of "added value" and "competitive advantage" and, more than anything, the ability to build relationships - are important to real estate investing and I'm excited to employ them in this new arena.I'm thrilled to find BP and look forward to getting to know some of you!

Turns out to get a fha loan not much is needed just 2 years solid employment and enough funds for closing costs and down payment. also a good credit score.

Hi @Raj Pat,Please do me a favor and tell me when you find that deal at no points on a series of non-owner-occupied four-unit properties with concorrent closings, and who gave it to your buddy, so I can switch employers post-haste.

You have 60 days to move into the property, then must occupy it for an additional 12 months after you move in before you can move out.

Some relatively simple formulas can make it almost automatic and will suit your needs.If you want to get additional features support, my personal favorite cloud based accounting platform is Xero, but also Quickbooks is extremely popular with lots of customization options.Let me know if you have any other questions.

In addition to all this, networking online and offline is a top priority.

More for me :)-Subject to flips-Subject to cash flowing rental-Pop tops-Additions-Short Sales-Flipping Lease Options-Wrap Around MortgagesI'll just keep doing it all by myself with no competition.Glad I can truly help homeowners and make some money doing it.ADAM ADAMS