so say you have 30k to invest you go farther investing in 3 house at 50k a piece to cover the 20% down payment against paying the total for just one or maybe finding 2 you could pay in total in cash then just have repairs on them

My other first impression is - with all due apologies if I'm totally off-base - that maybe this is a tool that appeals to lazy agents?

Total cash flow would be $104 per month with $12,400 needed for down payment and up front repairs.So how do you guys think this deal looks?

Any originator of a secondary market loan stands the risk of having to repurchase a bad loan, while they are insured the originator is not totally covered and they may see more of a reserve requirement to cover any loss, the originator may feel more comfortable at 90% where insurance coverage may be increased.

I totally agree~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~" I do not mess with buyers that have a low chance of closing "I look at my personal board almost daily :~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ReadyWillingAble Realistic

Fence repair, when I buy a property we do a total rehab, so we know most things won't break down for a little while, but we don't replace fences because of the cost.I'm in the Dallas area, and during storm season I always have sections of fence get knock down,,,sometimes its a cheap fix, sometimes its not.Utilities during rehab and between tenants

@Samson KayI totally understand this would be a much better deal if rents were at market rate, but here are a few things I would considerIs this area rent controlled?

Just like you are describing, totally unreasonable complaints - people getting ready for work, talking on the phone, I mean, c'mon.

I know the gurus say, "just put it into a trust and you have total privacy," but it just isn't so.

As total beginners, my wife and I did a square living room in a little over half a day.