First is the Midwest, which by most estimates is the cheapest and most affordable part of the country.

@Emory Clayton I see this happen all the time which the mobile home parks have to deal with. 

I hear from a fair number of folks that are ensnared by one of these two fallacies right now.The first one is the "sunk cost" fallacy.  

The definition includes, but is not limited to: Negotiating, promoting, or advertising the sale, exchange, purchase, or rental of real property, or the granting or acceptance of an option to sell, exchange, purchase, or rent an interest or estate in real estate or a time share.

Long time lurker in the forums.I've flipped 2 houses so far, 1 of them failed and I now have wonderful tenants that are 1.5 yrs in.

I don't think the seller of the 6 plex will wait an indefinite amount of time for me. 

What are your thoughts  on walk-through  bedroom houses  as a  long time rental property  as young investor they are very common  in my area and would make a good  long term  rental by number, What are the pros  and cons .

At this stage, your focus should be putting as much money as possible into your first deal, rather than on accountants, lawyers, or consultants.Hiring a CPA can wait until you’re further along—either when you’ve got something under contract or need help with entity setup or tax planning.

I'm Val, I'm a full-time therapist, part-time photographer and everyday creative looking to translate my skill set into house flipping and landlording.

Initial purchase was in August and contractor committed to get the house renovated in time for us to get it into the mls by Labor Day.