I have FREE Platinum Level tickets to an event with Tony Robbins, Kevin O'Leary, The Diesel Brothers, which also includes lunch with Shark Tank's Kevin O'Leary.It's short notice but it's on March 6th (this Wednesday) and it's in Houston, Texas.

I'm looking outsource our maintenance tickets to a third party that will handle them in a timely and professional manner. 

The big ticket items that you don't replace now will eventually need to the repaired or replaced if you hold the property long enough.

yes, agency debt usually comes with 10-13 year life, and you may need a golden ticket to qualify.

3/5/2019Sherelle – thanks for the post / questions and outline Fyi – there are some conventional loan programs that allow a 3% down payment ….I would recommend using this program versus a fha loan program if possible …this is because with a FHA loan the monthly mortgage insurance remains with the loan permanently and with a conventional loan – you should be able to eliminate the mortgage insurance in the future ……Also – if you use a FHA loan for the first home - using a FHA again for next property might be an issue …..you allude to this in your question #2Regarding cash flow analysis ….other items to factor in : utilities / property homeowners insurance ( this will be a little higher when you live in home and should decrease a bit once you convert it to a rental policy / are there any deferred maintenance issues on the house ( roof / furnace / water heater / foundation are the bigger tickets items to watch Definitely get pre approved so you know for certain what you can afford and also so you can begin becoming more familiar with the numbers …we can assist with this if you want - contact us Thanks and I hope this helps Dave Skow 

If he made those big ticket improvements and only requires some cosmetic work, depending on how much he needs to be current, then it might be worth catching up the loan into if it leaves you a good amount of equity or can produce some great cash flow.

What ever you do Just Do It Yellow Letters Postcards which I call Golden Tickets they all work as long as you are in it for the long haul and work that list.

I'm looking to buy a single family property for $90,000- gets 17% ROI and recent updates to major ticket items.

Black Friday would be a good day to purchase big ticket items like appliances, electronics and furniture. 

It is also good to ask the HOA how they handle big ticket items (roof, etc...) sometimes they will charge an additional amount for replacing these.Maintenance will generally be less since you don't have to worry about the exterior (usually) and any landscaping.