Purchase price: $78,000 Cash invested: $50,000 3/1 SFH, 1688 SQ FeetAdding:• HVAC• New Roof• Second Bathroom• Interior Pain• New Flooring in every room but living• Minor floor leveling What made you interested in investing in this type of deal?

Furthermore, many Non-QM programs are way more of a pain in the arse than conventional. 

The interest rate is usually very good, but the pain you have to go through to get it, when first starting out, is not worth the reward. 

Setting up utilities, especially TV and internet, is a pain, and sometimes the tech support won't help your tenants when they call, even if you put their names on the account.For me, renting by rooms is an acceptable last resort when I can't fill my units with groups.

I am buying my parents high end duplex in Southampton,Pa in June with an FHA loan.

As for low balances, some  borrowers seem to be less inclined to pay the entire amount off since it's a pain to pursue them and expensive to foreclose. 

Tyler.. that sounds painful.

I continue to hear that contractors are a huge pain point.

This led to a painful string of unaccepted offers, learning how to formally fire a realtor, dealing with the legal mess of that, and how my mortgage broker at the time and new realtor saved my skin.

This led to a painful string of unaccepted offers, learning how to formally fire a realtor, dealing with the legal mess of that, and how my mortgage broker at the time and new realtor saved my skin.