Very cool that you offered to answer questions...My question is this....If I want to buy a rental property for 100,000, conventional loan, I would need 20% down, how much extra do I need in my account after the 20,000 down for the lender to feel comfortable on average?

in any event, what is the "normal" value of an extra bathroom - say around $10K?

You can call your local town and ask if you can get a permit for it and they may allow it that way.I don't know because I have not done it personally myself.

We make good money between the both of us and have extra money to invest.

I use my extra money and borrowing ability to buy cash flow rentals out of state that actually really cash flow as opposed to a maybe break even asset that my only hope is for the market to trend up and is based on what someone in DC decides to do that effects the economy as a whole, or what 1 million other people in my local metro suddenly decide that pushes value one way or another.

What I do now is put bids in like I stated earlier Wednesday and Thursday so they can be accepted so I can the extra two days on the weekend to show my cash buyer and if the buyer doesn't want it cancel my bid before going under contract, no more stress!

I've reached out to a few realtors and also said I'll go the extra mile and look out for their best interest in exchange of a few things I need done and haven't found one to work with me.

Are you paying regular postage or do you have a bulk permit?

(the seller is sick of dealing with RE agents and offered me half a typical RE commission).I have a great rapport with the seller and am happy to help them out, and wouldn't mind the extra cash.

well I think Bill Gulley just might agree that charging MARKET RENT and an extra OPTION PAYMENT monthly of $200 instead of over charging rent might be the way to go.Brian