This includes hiring the subs, pulling the permits, overseeing the work regularly (daily ideally), being there for inspections, etc.  

@Daniel O'Toole Know your post is from a couple months back, but for those who have no desire to flip, I take this as a sign that Madisonville is in the path of progress and may be ideal for buy and hold, especially for those looking to employ a BRRR strategy. 

Ideally properties would produce enough cash flow to satisfy the RMD, but that is not always the case, you may have to start liquidating some of your properties if there are not enough cash.

Hi Alex, I think 1-2 bedrooms are ideal, however, 3 bedrooms couldn't hurt! 

I have a Section 8 tenant who has pretty much been the ideal tenant who keeps his place very clean and always pays his rent on time and is a very friendly, outgoing guy. 

I have heard of insurance companies paying extra for shorter term rentals due to fires or destruction of property and would consider it for a premium but 7 months is February so depending on where you are this may not be ideal timing, price accordingly. 

@Bryan Grooms if its month to month, that's ideal, no eviction would be necessary, just notice of non-renewal and 30 days notice

@Geren Williams Fayetteville, NC is an ideal place for B/H investors, particularly new ones just learning.

The feedback from our lender partners is that in general, they are more comfortable taking the lower down payments on some of the projects in our area.  10% is the lowest I have seen in the condo market in this area & the condo project has to be in ideal shape in all of those areas, as well as the borrower.  20-25% is the norm and up to 30% on some of the riskier projects/applicants. 

Or would it be more ideal to really save cash, avoid the PMI, partner with someone, essentially someone who I would share a unit with.