I am $116 dollars less than what the FMR and no rent control.

It was far simpler and easier than I anticipated.

I think insurance will want you to replace the electrical, and if you're in Florida, they make you change the hot water heaters if they're older than 15 years.You're buying on pro forma, but you're borrowing on actuals.

@Nithin Thampi You will likely get more bang for your buck buying an existing property as opposed to new build which often has higher cost per sq. ft. than existing properties will.

I have a checking account and a credit card under my LLC.

Will it have some impact - I am sure it will but it will have its ebbs and flows and settle into a spot that probably impacts homeowners more than investorsJust my 2 cents

In my opinion and through observation, most people who have children prefer to live in the surrounding counties because of the school systems, while still not great, but easily better than Albany's schools.

You will also want to develop a tenant screening process that includes credit checks, background checks, employment verification, and references from previous landlords.

I grabbed the contract and offered 100k less, and got it, Talk about timing.

Downpay private lender 20k and have him hold the note (just like a bank would) and you pay interest (agreed upon amount) usually higher than 5% considering it's a small term loan per month until property is sold.