Sometimes your risk reward changes substantially with the types of projects you can get into for one vs the other.As some other posters have alluded to, time constraints drive a lot - a light rehab/cosmetic buy and hold is possible for navigating while having a 'regular' job - and certainly managing rentals while working is possible as well.The last one, and I'm surprised no one has mentioned this - is market specific. 

The address she gave me is for helping hands church in North Carolina not a convalescent service.  

However, we have 2 more units coming online in January and feel like these transactions could get tedious and might be more efficient if sent in bulk.Question for more experienced hosts who have scaled up...If you work with a cleaning company that provides these services, how frequently are you paying them? 

If not, go back to step 1.Two reasons to use a paid service like Listsource, or us when we expand to your area:1.

The reason for the seller's willingness to discount that much in today's climate, from what info I have so far, is due to the extremely low rate on the modified loan (less than 2%, recast for a new 30 year term).So due to the rate, even at 50% of UPB, the return on my investment would be around 4% after considering servicing fees, etc., which is not nearly enough to interest me in this deal, considering the risks of borrower re-default, etc. 

I know my regular credit score is 780.

My goals for this post are to:- Introduce myself- Connect with others operating in beautiful Northwest Arkansas- Begin assembling my network of service providers- Accelerate my learning curve If you fall into any of these areas, please connect with me.Respectfully,Jeff Rice

The area that you designate as the home office can potentially be written off on your tax return.For example if your personal residence is 1000 square feet and you use 200 square feet regularly and exclusively related to your freelance business; you can deduct 20% of your utilities, water etc.What you can deduct for the rental business, your home office deduction and personal(non-deductible) can be complicated.

The code section that applies is 55-248.6, which provides the definition of "notice":   "Notice" means notice given in writing by either regular mail or hand delivery, with the sender retaining sufficient proof of having given such notice, which may be either a United States postal certificate of mailing or a certificate of service confirming such mailing prepared by the sender.

I don't expect free knowledge and am willing to discuss bartering services.