LACK OF FOLLOW UP.

But if you allow tenants to have pets it is not maintenance free and needs to be cleaned/sprayed down etc.

Hi,I set up my 1st LLC this year for a rental and start to realized that I can't do the eviction by myself anymore. 

There are some additional things that could help determine which loan product is best for your situation.203k Best When:- Credit scores 680-720 or less- Renovation will improve the value of the home more than 75%- Renovations will be on or in the home - no new yard projects, only fixing existing- Higher Debt To Income (can get approval with up to 56.9% dti)HomeStyle Best When:- Purchase + Renovation costs will come in higher than FHA Limits- Home improvements will only improve vale 75% or less - 720+ credit or 20% down (of purchase price + reno cost) to avoid PMI- Exterior Projects (fence, hardscaping, pool, outdoor kitchen)- Lower Debt To Income (sometimes as high as 50%, many times between 45-50%)- Renovations that are greater than $35,000 (soon this will move up to $75,000)Happy to answer any other questions that you may have!

Also attend local meet ups

My recommendation is to find work that will allow you to save up for EMD.

We bought a home 6 years ago to fix up.

Your next real estate competition might not be Black Rock or Bezos...it could be coming from the family of the friends you grew up with. 

When my bill date came up I was not charged anything.

Things will inevitably break, jam, clog, drain, build up, wear down, etc. over the course of a year.