Currently, I’m finalizing preparation of the 2 spare bedrooms for medium-term, month-to-month rentals specifically for traveling professionals. 2020 Update: The tenant that was initially placed, did not work out, after 2 months, the tenant moved out in Jan. 2020.

Currently, I’m finalizing preparation of the 2 spare bedrooms for medium-term, month-to-month rentals specifically for traveling professionals. 2020 Update: The tenant that was initially placed, did not work out, after 2 months, the tenant moved out in Jan. 2020.

Finally, in October, we had all three leased up and refinanced ($50k of initial $200k capital retained as equity).Deal #'s: $398k purchase price, 20% down conventional loan, $120k renovation costs ($33/SF), gross rents $6000 / mo2021: With my 12 month sabbatical coming to an end, I said f*** it, decided to pursue RE full time, and submitted my formal resignation.

So we finally attempted to remove peeling paint from the outside of the lap sided house.

I have a affordable lease on my car going on its third and final year.

You are in the final stretch...and not yet 30.

Price point, area/location, individual investors abilities or finances, individual investor's risk tolerance or business plan, level of rehab, etc.As an example, the 70% rule (more appropriately should be named "70% guideline), is a simple back of the napkin analysis and is NOT ever to be used to make your final purchase decision.

I also want to know and understand what is happening in unit  and finally   and super important - i learn by watching.... 

I've not been able to receive any insurance pay-out yet (from HO-6 or master) as my HO-6 adjuster needs to know how the master deductible will be "split" - a decision that I fear won't be finalized until each of the (four?)

Instead, they just stopped paying their mortgage and didn't receive a foreclosure notice for almost two years because they only had about $150K in equity.And when they finally reached out to bank to renegotiate payments, the bank worked with them because the bank could see the market was still plummeting and that they likely wouldn't be able to sell the house for $500K much less the difference of $600K.On the other hand, their neighbors would refinance when rates dropped but they never took out any equity over 20 years.