You bet Charles!

Your best bet is to wait for it to come onto the market with a real estate listing agent, wait until the owner occupant period is up and then make an offer.2.

Make sure that you factor a property manager in your return calculations so that it requires the least involvement on your part.

Just wanted to post this quote from an article I read, although I think banks are still ignoring it (as common sense does dictate main goal should be to make sure you are making a good loan that won't default, not that you are not penalized for making a bad loan), regarding it not affecting their default numbers: Banks didn't want their Compare Ratios to rise.The FHA has acknowledged this issue and, similar to how HARP II waives reps and warrants on HARP refinances, the FHA will now exclude FHA Streamline Refinances from its Compare Ratio calculation.

You could spend a fortune retrofitting your house depending on what needs to be done, and I would bet that if you had 10 different engineers look at it, you'd get 10 different opinions.

I was doing some reading and learning and have come to a conclusion that maybe my best bet would be to sell on a Land Contract gather what I can from those down payments and possibly create just a little bit more cashflow and use it to put down on an actual cashflowing property.

If that is the case, why don't insurers take them into account when calculating premiums.

With renters; you bet.

You can bet he'll be even less responsive after you've agreed to do business with him.

Your best bet is a small local bank.