Purchase price: $34,000 Cash invested: $16,000 Procured an investor for this deal and I live in the house while I’m fixing it up.

Do you live in NC or are you expecting your current tenants to do all the heavy lifting when showing the house, etc?

Read the full article here and see what investors were saying about other important questions. https://www.resiclubanalytics.com/p/resiclubgroundfloor-hous...

2) Should I look into multi family or continue the single family route?

I am undecided on whether to buy another property in west New York and continue to do airbnb or buy one in PA just for rent cash flow .

Hope I am posting this in the right forum.....I purchased a house with an existing tenant. 

If the motivated seller is only receiving an offer from you, you will get a great price for the house.

FHA security instruments require a borrower to establish bona fide occupancy in a home as the borrower’s principal residence within 60 days of signing the security instrument, with continued occupancy for at least one year."

I am doing a job in Shaker Heights OH for which I currently have 150% of budget in escrow with the town housing dpt.I can only get the funds released once violations are rectified.

ARV : $250,000Monthly gross rental income: $4600Monthly mortgage payment: $1100Property description: completely vacant 4 family (three 3 bedroom, one 2 bedroom apartments) in a competitive rental market with housing shortage (large pool of candidates) 7000 sq ft property with massive units, roof was torn off and redone, newer hot water heaters, furnaces, electrical, plumbing.