@Jason MunckI feel your paint, tenant called me last night, SAT gas furnace not working, its a about 18 degrees here.

I couldn't paint the home for that amount.

But in any case there will likely be little or no cash flow here.Another thing to think about: When you get to the three year mark and want to sell there will be significant "freshening" that will need to be done to the house -- new paint, new carpet, etc.

I have never tried investing in retirement communities as I always viewed it as a small buyer pool compared to traditional communities.Please tell us more about your plan and what made you choose retirement communities.Best of luck with your investments and welcome again!

This one needs minimal work; paint, flooring, ac condensor and minor repairs.

But saying I choose to own the property in my name, how do I title (the main heading) the documents that you give to tenants, advertise the property, etc.

If you choose to have the listing agent write your offer just Remember that this does not automatically make him your Realtor.

I wish to paint it.

A little inconvenient but my renters pay almost my whole mortgage, they are redecorating, replacing doors, repairing counters and cabinets, painting, etc. for a $100/month discount on rent.

You'll definitely want to use a oil based paint like rustoleum.