But, I've been doing this for 15 years, and this is how I define conservative - reserves!

Generally speaking there are 2 main loan types for investors:  "Conventional" and "Portfolio"Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).

For the NAR to make this defining rule means that a real estate professional who has authorization to sell a home or market it for sale MUST disclose that fact to everyone. 

Vinyl will definately last longer which will lower your Cap Ex cost over the long term, but as others mentioned carpet is better for sound insulation between floors.

If you're defining the objective as "live rent free!"

Providing, of course, that you are familiar with Pittsburgh's intricate neighborhoods, that often change street by street, that you run numbers on all properties you consider, and define your goals. 

But you can absolutely, 100% find lenders that need ZERO "seasoning" (that's what is called the waiting period of you being on title) to refinance at full market value.I hope you don't mind the length here...but I think some of this will help as well.Generally speaking there are two types of loans for investors:  "Conventional" and "Portfolio"Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).

In the "Standard FAR-BAR," the repair costs are negotiated up-front,.and as long as everything is in working condition as defined in the contract, the seller is under no obligation to fix anything above the agreed upon costs. 

The same is true for property managers, CPA's, legal support, and all kinds of other service providers I have worked with and developed relationships with.In a sense, if you were to replace the term mentee with protege (defined as a person who is guided and supported by an older and more experienced or influential person), I as a mentor am not only giving advice and suggestions but really share what works for me - which is why alignment is so important.I am happy to talk more about it, Mike.

Anthony ContrascereThe most important part is how you define comp.