My fantasy deals for residual income purposes would be:a five star hotel having 120+ rooms with all of the lovely amenities, on-site restaurant... doesn't matter which U.S. housing market so long as its a thriving one.Condominium building with 20-30 units in Philadelphia, PaAn extravagant resort in the Carribeans, maybe my own island.

I would definitely look into the HVAC system so its not a last second surprise with an inspector telling you the system is bleeding R22 Refrigerant.If you do go that route make sure you get the Energy star savings information to show.

If not, what flooring product did you use?

Since I knew the backstory and saw the news about the police raiding the house used for birthing babies by pregnant Chinese Women, I don't like their (FCI's) products.

looking for a local portfolio lender in the Cincinnati OH market that can offer a 1yr ARM product with no pre payment penalty on owner occupied property.Also, looking for similar product in Atlanta GA area.Thanks for the guidance.

It makes all the difference in the look and feel of the finished product.

I'm a fan of b/c product in A locations or infill areas that will be A in 5-10 years.

You'll do smarter deals and get better financing by waiting a bit.here's a payoff calculator: http://www.timevalue.com/products/tcalc-financial-calculators/credit-card-payoff-calculator.aspxI also suggest looking for an owner occupied duplex/triplex/quad for your first purchase.

It almost makes me want to deal with the tenants myself but I don't know if that would be the most productive move either.

Is there a lot of distressed product on the market?