If it says they don’t have to provide anything then that’s the agreementTypically agreements require at a minimum annual updatesThe good ones do monthly or quarterly depending on offering type

There are often unexpected expenses, and you want to make sure you have enough cushion to get through those surprises.Given the current low inventory environment, I would say securing a good deal is challenging (though not impossible) in general.

You get a place to live in yourself, tenants/roommates pay your mortgage and help you build equity, and you can purchase it as a primary residence and potentially only have to put 3%-3.5% down since you would be a first time home buyer. 

Noted on the units too, ideally a nice 4plex would be the best case scenario but as you mentioned anything is better from a financial perspective than paying the amount in rent I am currently.This market could cash flow pretty well at 20% down if i find the right property as the prices are below national average and rents are actually fairly good in comparison to property prices (plenty of 1% opportunites on SFH with a minimal cosmetic TLC). 

When furnishing my first STR, I leaned towards cheaper goods as I had just spent a ton of money on the acquisition, and learned my lesson quickly.

Good luck,Jackson

Did not realize it was a hud home until after I was in and spoke to the showing agenthttps://www.zillow.com/homedetails/569-Barwell-St-Akron-OH-4...Pretty good deal if someone here wants to hack this home.

@Richard Schubert It's good to meet another local investor.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence wholesale investment.