I've seen FHA appraisers mention a hole in a screen as if a pencil bent the tiny square hole in a rounded shape saying the screen would not prevent a fly from entering.

Say I have a fully rented out duplex investment property with the following information:Agreement of Sale: Purchase price $73,400 assuming 2% Sellers assistTherefore offer amount is actually ~$72,000 (I'm rounding)For arguments sake let's assuming that the two tenants in the house have a grand total of $1000 in security deposits.The seller must give the security deposits to the landlord during closing, but would that count as part of the sellers assist or does this count as a separate source of funds.

Still need to do more research on which area is best for year-round vacationers.I clearly have a lot of learning to do before I get started.

Welcome from Round Rock Brian!

Most local carpet cleaners offer the service so you may want to calla round and see if you can get a great deal

Thats what I meant Bill. lolAnd focus on year round driven pre law and pre med type of graduate students.

If that happened there would be less competition for me out there... a double bonus.

I have seen agents play "merry go round" with brokerages for decades with minimal affect.

I think you have to be very well rounded.

We are in the process of selling our first home and should walk away from closing with about $29,000, which we'll add to another portion of savings we've freed up for investing... so we're looking at $40k or so of working capital starting out.Proposed strategy:Our plan is to purchase a fixer-upper in an area with a solid rental market in the $80-120k range with a 5% down conventional mortgage... this would require about $15,000 cash for down payment, closing, and rehab (just using easy, round numbers).