Of course, you want a property to be cash flow positive taking all expenses into account.

First, you want to make sure the property has positive cash flow.

I'd call a pest company like Orkin; not positive they do bats though...

Many loose their home because they can't truly afford the mortgage note on a hard money lender.If you would be in a position to refinance your home within 3 month from a hard money lender - then I say you have an option.Rest assured that if you miss a payment they are not as cooperative as a conventional lender - 25% of equity in it - and an investor mentality...lol you better suck salt to make those payments LOL.

If you split up the note you lower the value in all but the first position note and complicate the transaction more than most note buyers will care to dissect.

I don't do much in the way of flipping, I am more in the market for rentals.Yes, I have thought of keeping my license for myself, but it would cost me several thousand a year to maintain.Would love to hear from someone who has been in this position.

has anyone had positive experinces with one over another?

And its an area that needs positive influence.

Because I will need that to pay for materials for renovations and have started to apply for those 12 month 0% apr cards...(5) If you get a decent fixed rate 5.9-6.2 for 30 yr fixed, do you still try to slam every nickle into the mortgage or should you be content with being able to cover the mortgage and/or make slightly positive cash flow, and instead of pre-paying the mortgage, save your money for a new investment?

Only time will tell whether it was wise to purchase a Condotel Suite for this kind of entry level price, however simple mathmatics and common sense dictates in the positive with increased optimism about profits from condotel operations -- where buyers rent their units for a share of the rental revenue.