That person will get used appliances as a replacement, also to be replaced when they leave.In my market segment, it's often hard to stop stepping over dollars to pick up pennies.

I have never rented a house before and looking for mentorship on contracts, picking a property manager, tenant screening, what to include with the house (lawn & pest management...etc) and how to determine the best cash flow.

I would pick 2nd option and preserve cash.

That's where LendingOne and similar companies pick up the torch, so investors can keep going.

Pick something fun and interesting that will attract people to your meetup on a regular basis.* Initially, you will have some meetups where either only a few people show up or none at all.

Hi Shannyn, I’m a local agent/investor and personally I’m picking up rentals in woodbine, Glencliff, donelson, hermitage and old hickory.

I picked that brokerage because of their low interest rates on margin loans. 

We can pick a closing day for our properties either at the end of 2021 or the beginning of 2022.

Yes, 12 year old post and the 2nds were picked up for 1% probably because they were attached to deeply underwater assets.

Assuming you do not have anything yet, there is a lot to learn when it comes to investing and I can see how many people can get knocked out by picking up bad investments too fast.