I think the value add component is pretty key as reasonably priced turnkey properties are quite scarce but deals can be more easily found on properties that need a little work or that can be repositioned.

Once we discovered the second dog she sent us an ESA letter for him within the day.

Is there a flexibility component where you might want to move back to where you are now?

Obviously hire a good inspector and look at major components like the HVAC, roof, sewer line, and things like that. 

Hey BP, I've discovered a deal in NY and looking to work with a hard money lender in Syracuse- anybody have any experience working with a lender in this area?

First post here, did not look around to hard in the forum for relevant info as this opportunity just popped up and I'd like some quick advice if possible.My wife and I are set on developing the best real estate portfolio we can as a core component of our retirement planning. 

Still shopping around for my first live in/fixer property and upon doing some further reading on the forums discovered that I could use a Homestyle loan to not only purchase but rehab the property wrapped up into one loan.

Then we replace it all with new components.

Our residents have called to report an assortment of issue One late 20s tenant called reporting a gas leak, After contacting the power company I drove down and discovered the street department was oiling and chatting the road.

So you're looking, at least initially, at what the impact of the two different loan periods are going to be on your cash flow and your tax savings (the other two components of wealth building through rental investing in addition to appreciation and equity increase).