Married and in  mid 40'sCame across a Single Family Residence in a developing community which is roughly at 600k$.

Investment Info:Single-family residence buy & hold investment.

If you make a mistake expect to pay the IRS, and the state, and maybe the state where the property resides.

Nothing beats the lending on primary residence, so consider converting your residence into a rental after a year or so.

.- I have one lender in CA which is my primary residency and I contacted several in Orland,FL since we are buying property in Fl. 

Helen,There are more than a few loan programs that offer a low down payment and fairly easy to qualify for a new primary home.FHA 3.5% Down,  Fannie Mae 5% Down, Fannie/Freddie 3% First time home buyers programs.Credit scores under (695) I would suggest FHA due to flexible fico requirements. 

Do you currently rent, live on your own, live at home with parents/guardians, rent with roommates, own a primary residence?

You can search online and find that many businesses and corporations are moving out towards Athens, and many residents from Atlanta are pushing out this way as well.

I've had tenants from both ends of the spectrum, though--and I can say from experience that happy, highly-qualified tenants make property management 100x easier.Now that I'm firmly at the bottom end of the rent market, with highly satisfied tenants (who are unlikely to leave), I plan to begin yearly rent increases going forward, starting this year.My target is 2.5%-5% rent increases every year for at least the next five years for renewing tenants.

Investment Info:Single-family residence buy & hold investment in New Milford.