Considering you are just starting out, you can not afford to have your first project go bad, you will make less money on the house but you will gain experience and be in a position to easily attract lenders on your second project.

I personally tell my tenants they are all liable and if one moves out that does;t give the other justification to also break the lease.

I take over a property the seller doesn't want to fool with, I hopefully make a profit with little money out of pocket, and give someone affordable home ownership who may not otherwise be able to.

@Richelle T., that's a great thought!

Not to mention we can do things like sending notifications to your device to alert you of things happening at BP you might want to take notice of.Another aspect is that native apps afford us a "blank slate" in terms of design.

I am planning a stay using air bob in march that is the soonest this location has an affordable opening.  

The nice thing about props in Iowa is they are (a) affordable to purchase, and (b) cash flow quite nicely.

Also, how would you craft the agreement so that you are protected but it is a win-win for everyone involved.I recently listened to one of the older podcasts, where the subject to is crafted in a way that gives the initial buyer a 60 day option to find a buyer wanting to do a lease purchase.My good friend owns a nice 2004 3/2 down the road from me and she is recently divorced but is stationed in CA in the Air Force and can't afford the maintenance on it...she has rented it the last year but couldnt get the rents because of some of the deferred maintenance issues so she can't even cover her mortgage now.  

, try to find out how long they have been vacant (can you afford to sit on an empty property that long?).  

Brian T.