@Christopher B.

A lot of investors have trouble deciding if they want an "A" location, or if they want great cash flow in a B or C area.

Originally posted by @Bob B.

Pick a solid B-Class suburban area.

.- area with decent schools- something affordable (around or less than $200k)- a 3+ bedroom 2+ bathroom single family home- a B- or better area (first time property manager here)- something with healthy cash flow AFTER I move out of the house hackI hope to finance with an owner-occupied loan, so I can use the bulk of my capital to possibly force some equity into the home.

I totally understand the increments of .5% each month but what I don't understand is how the interest gets applied.The 2 different options that keeps popping up from people that tries to explain this to me is the following:If I borrow $100,000Option A:1st Month: $100,000 x 4.99% = $4,990 interest2nd Month: $104,990 x 5.49% = $5,763 interest3rd Month: $110,753 x 5.99% + $6,634 interestOption B:1st Month: $100,000 x (4.99% / 8) = $623 Interest2nd Month: $100,623 x (5.49% / 8) = $690 Interest3rd Month: $101,313 x  (5.99% / 8) = $758 Interest 

Originally posted by @Nick B.

Sally B Courier, who works for a title company, is being allowed in to file recordings etc.

I am buying the house for $37/sqft - others on the street have sold in same condition as it will be in post rehab for $75/sqftClass B/C -$10k rehab, I'll have about $12k left in the deal.  

I mainly invest in B properties and while it is tbd whether or not my tenants will fall behind, very few are in the retail/hospitality business.