I would and others may, feel that while a few extra bucks might be nice it doesn't pay for the difficulties it may cause.

If the seller loses the property, the potential buyer loses the possibility of buying the property, forfeits the extra rent paid and will have to find a new place to live.

I'm assuming was illegal with no permits?

There's nothing like passive income. 90% of households across the country need additional income and I can't see any better way to securing those funds than being a real estate investor.If you just want to make some extra cash for whatever reason, this is it.

If you do buy there, add extra to your rehab number because you will have break-ins and items stolen during the process.YOU can invest there and it is your money.

While neither are specific to one MSA/location, and each have a bit of extra stuff in them (ITB includes a bit of home DIY store stocks), they should be directionally correct in case of a big downturn.

This was a Freddie property that permitted owner occupant or second home purchases within the 15-day period.

Frequent inspections are a big drain and often bring extra maintenance costs as tenants ask for borderline improvements.How long have your tenants stayed?

I now own ten properties because my cash permitted me to make that 20% down payment on ten homes, rather than buying 3 homes, all with cash.

That may be a better option than removing the fireplace altogether, although it wouldn't add any extra space to the room.Do you know if I would need to replace both this one and the fireplace in the unit above at the same time?