Once I found a super reliable and thorough cleaning crew, I made sure I let them know I value their services.

This was my first investment property and I had a poor inspector who missed all the electrical and even though the roof had about 5 years left my insurance company made me do that.

You'll have tenants that don't pay, damages made, and potentially other disasterous situations occur on your properties. 

What made you interested in investing in this type of deal?

I made more mistakes on my first investment than I can count.

It is not an easy thing to run a property when your customers are horrible haha.I recommend student housing with 9 or 10 months lease and run STR during the summer for this property while students are on vacation.

I have not thought of using DTI instead of 3x the monthly rental amount in order to qualify an applicants income, but you made a great point regarding the priority that tenants might give a car payment.

I told a lot of people about this and I'm sure it got back to him as people were made aware of his character quality.  

What made you interested in investing in this type of deal?

Purchase price: $255,000 Cash invested: $100 Sale price: $260,000 3 /1 894 sqft What made you interested in investing in this type of deal?