Purchase price: $220,000 Cash invested: $5,000 Purchased a mostly turn-key property with a main house and an In-Law detached suite.

But before I give you my play-by-play, let me first overview what this concept includes for anyone new to property management or owning rental properties. 

If you ever need help finding commercial or residential properties, don't hesitate to reach out!

Would like to keep the property for down the road, but realizing I might be better off to get a place in town with more space and try to turn this place into an investment property for the time being instead.

You have mortgaged properties sitting vacant and properties in need to rehab.

I, along with my partners, have formed an LLC and bought our first investment property here in Florida. 

Flipping it tough right now unless you can buy the property direct from the Seller and (hate to say it) lowball them.

I'm looking to buy my first investment property in the suburbs of Detroit (e.g.

It has been a couple days and have not seen an answer.If you own a rental property and you have a signed lease at the minimum of 1+ year, does that rental property mortgage (traditional investment loan) still count against your DTI?

I successfully contest my own property taxes and get them lowered.