The extra money every month is going towards *you guessed it* my student loans.It's smart to increase your income to, rather than be passive or active, as more income (that you report to the IRS) will help your ratio AND help pay down that debt in the meantime!

Not sure what area you're in, but we're active throughout California. 

But they would not, in a million years, consider moving to the Midwest even though they frequently visit for outdoor activities/road trips.

This loss on paper, will offset against your active income on the 1040.

https://www.amazon.com/Scarecrow-Motion-Activated-...Not a joke!

@Christina Luton I have not completed a deal with partner yet, but have explored it with an associate. 

Do your homework BEFORE you lose money.I almost did, when we explored purchasing a condo in a very well visited European summer vacation destination in the Mediterranean Sea, Mallorca Island (completely a dream by the way).

I have explored the concept with my lender of the $10,000 being disbursed to an escrow account at closing for post-closing repairs but they have indicated that this will lead to the Lender needing to do further diligence on the repairs, perform inspections, etc. all of which will kill the deal for me, because I need to close in the next week.

I am a Active Duty Military Officer and have been interested in real estate investing for about 5 years.

The redemption period is one year and you can hold the lien for up to 6 years in Ohio as long as you have an active foreclosure open on the property.