We now both have our masters degrees and we both have great paying careers. 

In lower tier properties it comes with a territory.Either way, fixing problems with quality parts and workmanship will bless YOU and, to some degree, your tenants, too. 

Some years we've been -25 degrees, before wind chill.Prices get high in the winter, but stay low in the summer.

They seem to have the highest degree of privacy protection of any state's LLCs.

while they can and do throw the run of the mill asset finder off the track, when you accumulate some degree of wealth you will be dragged into court should a lawsuit arise.

I'll spare you the details and hoops I'm jumping through to find the cats a place to go, but I'm here as it's been a while since I've had to turn over a unit to this degree.

Local laws vary dramatically, but liability in situations like this frequently comes down to the "average person".

Aloha,Markets certainly vary, but $300 is not even enough to change a water heater, which is a pretty basic element to many rentals.

if possible use  a conventional loan with low down payment options as  you will eventually be able to  eliminate the monthly  mtg insurance with  the conventional loan  and you cant do this with FHA loan …...if you plan to sell this first  property  in short run - then FHA  idea is OK amount to  save for rehab  will vary depending on the property the normal  down payment required for an owner occupied  3 or 4 plex  will  be larger  than for a  owner occupied  1 or 2 plex …...if buying and  financing property as  a rental  property ..the down payment  requirements are  higher

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $335,000

Cash invested: $70,000

I bought a pre-foreclosure property in the Bay Area suburb in early 2012. My mortga...