Not all markets support decent rental numbers.

Plus make a healthy profit, which could enable me to buy another unit.

The area will likely only support $850-$900 for (1,074 sq ft).

This is to fulfill the "intent to live" for one year condition for the FHA loan.The reason I am posting this is because I want to find someone who can criticize//support me in these ambitions.

I would love to connect and talk with anyone interested in establishing a potential relationship to acquire a deal.Thank you for your time and support, and I look forward to learning and hearing from this great community.

Short of the NOLA metro area, a massive portion of LA is considered rural enough to be eligible under that program, and has a few extra features that the FHA loans don't, most significantly is 100% finance option (zero down payment), but also can support new builds, such as you picking some land, dropping in septic and well, and then building a new home (or placing a permanently attached mobile), additionally, while there is a PMI requirement, the rate for the PMI is lower than FHA's requirements.Also, check out LHC below, as they may additionally throw in some dollars towards your purchase, regardless of if you use FHA, USDA or Conventional, so you might be able to get them to cover a good chunk or all of your closing costs.

Cash flow is a little tight, but appreciation has been healthy and sustainable.

When I started, we could get through 2-4 appraisals in a single day, start to finish (with a small amount of office support).

The Portland area has a great and very active network of investors who like to support one another.

Skype for customer support (phone line for guests to text or call)7.