I have a no pets policy but I'm sure the day is coming when a tenant will appear with a emotional support pony or some such....We are in NH and I seem to remember that, if a rental is a primary residence, the owner has some additional flexibility in the law.Thanks for your insight.Signed - Landlord newbie

I remember everything was over priced back then and there was a lack of housing that the school district sent us an email asking if we could rent out rooms for new teachers that were going to move for the 2012-2013 school year.I liked Midland a LOT better than Odessa. 

I used USAA Real Estate rewards once and it was okay but you have to remember that cashback comes out of the Real Estate Agents already hefty commission.

Remember to call the tax collector's office (back taxes) and health department (if there's a septic system).Find an agent who's willing to working with flippers and investors.

My long term dream plan is to start with multi-family rental properties, as that grows I would like to help cut costs by maybe starting my own property management company, also do syndicated deals, set up a real estate brokerage, really just in general ways that I can keep expanding is I grow into multiple areas and different businesses the real estate has to offer. 

Finally it is important to remember that your tenant does not have to agree to the increase so make sure when you sign the contract (which requires a 1 year lease) that there is an amendment in place that if the tenant will not agree, or if the increase is denied, that the lease reverts back to a month to month lease.

Remember that most things start to give you signs they are failing month or years before they actually "let go" so if you are often repairing a large expense item be wary and contribute more to your buffer.

This property caught my eye for several reasonsmostly because I drive by it frequentlyit offers a commercial space, apartments, and mobile home lotsit's close to my other investments and where I liveI feel like this is an area ready to grow (it's the non-interstate link from big town to small town)it's not so expensive I can't find a way to do the dealI've been investigating mobile home investing lately, and this is one way to learn thatI don't have a physical office space for my business, and this would lend credibility to my business (and allow me to have high-speed internet, which I can't get currently)I can use an apartment and rent my SFR for morethe mixed use feels like diversificationI wouldn't be surprised to see an investor try to buy this and several other spaces up for a large developmentI see potential in possibly converting the mobiles to tiny houses and increase rents accordinglyI'm not in love with the deal, but a couple of those reasons would sway me to consider a less-than-great deal, for non-financial reasons.The numbers really look not very good, and it looks like a bad deal as it sits, considering I'm adding 1000 in rent increase and no rehab in this scenario. 

Remember at the end of the day the banks are told what to do by regulators at the state and federal level they may love you but they may have to take orders from on high. 

Leighann Davis Like others have noted, it is about growing your business.