The fee can be increased annually based on the Consumer Price Index (CPI); however, the actual rate is limited to no more than 3% per year.

My wife and I bought our first home in 1997, lived there long enough and below our means to get a down payment on our second (forever) home  without selling and now, 22 years later, have a nest egg that is pumping out cash and has appreciated wildly. 

While I’m sure there are deals, I have a few concerns and would love to hear your thoughts:1) My Job—I work at a startup, and, including commuting, work consumes about 55-60 hours of my week, not including any other hours on the weekend.

If you think you can sell it fast and it wont sit on the market forever I personally would flip it and start another project.

Maybe we'd get into a situation where those houses are valuable someday but it's a very blue collar area and the lots/houses are so teeny tiny there it would take forever before there's value in doing something in that immediate area. 

But just because a deal cash flows now doesn't mean it will cash flow forever.

Once I was over the road (CDL Trucking) the friends decided to stop paying rent I fell behind and had to leave the job for a family emergency and lost the job and all my bills consumed me.

Freddie Mac unveiled a new financing option this week that will allow consumers to purchase a home and finance renovations all with one loan.The CHOICERenovation mortgage is meant to address the “need for more efficient ways to finance home improvements to solve for today’s aging housing stock,” according to the agency.

Carrot and lead propeller sound great (leaning towards carrot) but $50/month forever seems steep, and if I ever decide to cancel I have to start from scratch.

Maybe this is more a vent session but being a new investor I'm shocked that Pro Formas are as misleading as they are.I'm dealing with sellers who are selling to investors but their Pro Formas are written as if they were selling to consumers.