Also with FHA you can go up to a 4 unit, that may or may not be something doable but it's something to think about as you look at getting started.Here is the ultimate guide to tenant screening, which is probably the single best source to get started with.

You (or somebody you hire) needs to determine the source of the water causing the mold.

On your application form, you should ask for other sources of income and finances - where they can list scholarships, research grants, student loans, etc.

With my renters, less than 5% come from CL...the rest are from other sources.

Yet another reason to have another source of income.

I prefer a slower pace like sitting in the rocking chair and eating popcorn while listening to the BP podcasts or I will surf BP for hours month after month, getting analysis paralysis.

Why do you want to potentially ruin their only source of income?

Can someone tell me a good source for those?

You'll need some type of POF/preapproval for the source of your purchase price.

Hey all,New guy from the Lake Norman region of NC looking to learn and expand into real estate investing as a hobby and passive source of income.