If you aren’t an experienced investor, most bank will require you to hire a professional pm company to oversee and manage the daily operations of such.Do you actually think that the PM company could afford to pay a manager out of the 4-6% they receive???

I've got a friend who owns a rental in the Raleigh, NC area that a company just pays him a check every month for the right to rent it out.

I wanted to wait out the winter to start on any repair projects but now while getting other quotes, I think the initial quote was very much under what I may be looking at to pay.

Everything your want to know is online, but, if you needed $100,000 or more to pay for Down Payment and all the Closing Costs for a Home, would you really want to even start?

So let's look at the options.Option A: Pay Rent $3,000 a month.

- New builders have been given lots of incentives for months now - they pay closing costs, buy down interest rates, higher commissions for agents. - Possibly... in most areas of the country the market is a sellers market and the seller can get top dollar for their property.

It is likely that both you and your investment partner will need to pay taxes.

I'd love to hear any advice from the more experienced folks what I should be doing now to be ready to buy in the next 2 years. 

I found one self-paying tenant with a 530 credit score and eviction history.

I rent nice places to renters all the time and they take good care of the property, pay rent on time, communicate well, etc.