If you take the right steps to insulate your real estate investment and remember to unplug your appliances when they aren’t being used, you can keep your wallet stuffed and your property value high.

I have my realtor say something like “in case your current buyer gets nit picked, because we aren’t...”Either it’s a tiny deal/expense or it’s a big deal.

They aren't there to see if a contractor shows up or finishes a job. 

We wanted to split the profits 50/50 and divide up the closing costs separately, but aren’t sure what a good split would be??

A better method is to be added as an authorized user on a well aged credit card account that has low usage and perfect payment history.

Real estate agents are salespeople, and aren't necessarily looking out for your best interests.

Not to forget on the legal authority that you will need to maintain at the property that you manage.

Banks aren't big fans of vacation rentals yet and would rather see a lease signed for $1000 a month than have $30,000 in pre-paid bookings (but what if they cancel?!?!)

The realtors aren't the problem...when a buyer tells a realtor they want utilities turned on it's a HUGE red flag that they are dealing with a novice..everyone knows that utilities are NOT going to be turned on...

If you aren't going to occupy, 20% down is minimum, and better rates come with 25% down+.Hope this helps.