You're right on the money with the ROR question, it's purely time and experience.

Do FHA, live in one unit for 2+ years, then turn it into a pure investment property.

Here is your cheapest and most likely to succeed option:Outline for them that its a purely cosmetic problem, give them some evidence thats true, assure them you know its not their fault and they won't be billed, let them know you will fix the cosmetic/falling plaster etc. issue on a reasonable timetable.

And no, I'm not talking about pure speculation plays ...

It's purely a networking lunch and each meeting starts with everyone introducing themselves and stating what they are interested in doing.  

I would check into performing notes and maybe even buying them within a solo-401k.From what I can tell once you are past the accumulation phase of investing this one of the best strategies for exiting the rental game and doing pure investments backed by real estate.Jeff V

Plus, other states are going to legalize and Colorado will lose it's edge in that regard.So ya, don't invest in Pueblo because you think the weed industry is going to shore up the economy.But do invest in Pueblo if you understand it's pure cashflow at reasonable buy-in prices.

Its purely a psychological issue......tenants think they are trapped because they have a lease....if people want to break it and leave, they will and its hard to enforce the $$ for the rent they didn't pay for the remaining leaseShe s a good tenant and my advice would be to go with the 6 months and you will likely see that  she stays longer.....be a jerk and she will start looking even harder for a new place

This happened purely by luck and chance but I have long had an interest in real estate and as of a few weeks ago we were in the early stages of listing the condo with the idea of re-investing the equity in a small (2, 3 or 4 unit) multifamily building.Our plans are unchanged but temporarily on hold due to damage from a busted pipe in an upstairs unit.  

So by living there yourself for a few years, you have guaranteed that your place will have a great 'tenant' (you) for those few years, greatly limiting the amount of repairs needed.Third, some states have homestead laws and if I'm not mistaken Texas is one of them, where in a worst case scenario it is difficult for creditors to come after your primary residence in a worst case scenario if you get into financial trouble.Fourth, from a pure simplistic financial aspect it doesn't matter.