Just cosmetic upgrades no true renovation. 

Make sure to advertise in all the available channels you can find so you can perform a true test.

However, I was really hoping what I had read all these years about it being easy to evict someone who is MTM in your primary would be true...The tenant is not a friend, just someone who is mentally ill and did not disclose that on their application.

If that's true in your jurisdiction too, that ever accruing interest might motivate your deadbeat.  1% per month forever - and that's a long time!

Here is a quote I heard from Hal Elrod “Your level of success will rarely exceed your level of personal development because success is something that you attract by the person you become”Here is my list of the top books that have made the greatest impact on me so far, and I would like to recommend:The Miracle Morning by Hal ElrodThe Book on Rental Property Investing by Brandon TurnerThe Book on Managing Rental Properties by Brandon and Heather TurnerRich Dad Poor Dad by Robert KiyosakiThe Compound Effect by Darren HardyBuy Rent Rehab Refinance Repeat by David GreeneMaxout your Life by Ed MylettThe Book on Tax Strategies by Amanda HanThe Five Love Languages by Gary ChapmanThe Ultimate Self-Directed IRA by Jeff AstorEnjoy, learn, and most importantly take action!!

Investment Info:

Single-family residence buy & hold investment in Kansas City.

Purchase price: $42,000

Cash invested: $68,000

I am currently rehabbing this house starting to get my refinancing op...

Investment Info:

Single-family residence buy & hold investment in Kansas City.

Purchase price: $42,000

Cash invested: $68,000

I am currently rehabbing this house starting to get my refinancing op...

Is that true?

@Elijah Crew With a true private lender (friends family and associates that know and trust you), it is possible, but still rare, to do 100 % financing.More realistically you put some money in at the beginning.

Chris Mason, mortgage broker, was instrumental in making this deal come true.