Louis, MOIndianapolis, INMilwaukee, WIChicago, IL, WI, and INGrand Rapids, MIDetroit, MIMinneapolis, MNCleveland, OHColumbus, OHCincinnati, OHLouisville, KYNashville, TNMemphis, TNBirmingham, AL Atlanta, GACharlotte, SCRaleigh-Durham, NCVirginia Beach, VARichmond, VABaltimore, MAWilmington, NCPittsburgh, PAPhiladelphia, PA Hartford, CT Providence, RI Good luck and go get after it! 

The town is growing rapidly and works great for commuters into Atlanta because of the interstate access. 

The snake oil concept that dazzles newbies seeking rapid wealth.

@Jason Arcuri I hear what you're saying, I'm just looking at the overall financial picture of the state of Connecticut, and the fact that the state is bleeding citizens and businesses at an incredible rate, and I have to ask myself how many renters are there going to be when the overall population is trending down rapidly, and the fiscal situation of remaining citizens is either not going to be good, or is going to be good enough that they can buy, not rent.

The disposition agents (sales people) tend to turnover very rapidly.

That call comes from underwriter questioning the rapid increase in value (even when appraisal comes in OK) you will be fine going the rent to own route and cashing out in 6 months and if they still want to see them show them what you can.

Also construction is rampant all over as I deal with recycling metals I drive and see a lot of the new Reno’s being done and don’t see it being long before the EAST begins to feel the effects of the Barclay if anyone noticed the rapid expansion as soon as the complex was completed.

Because a LOC is revolving you then have the ability to throw every extra dollar you have available each month at paying it down rapidly, knowing that if some emergency arises you still have liquidity to pull from the LOC.This is essentially what I do in combination with long term debt.

There is entry RV ratio which is the gross rents the seller has on day 1 or today divided by the price you see in front of you (4000 per month / 600,000 price = .66% RV ratio per month).There is CARV or cost adjusted rent value ratio, This is just the proforma rents divided by the cost to buy plus cost to fix up (IE 5500 / 750,000 = .733%) which can show you a couple of things that you can take to the bank, 1) that there is room for improvement and that the incremental amount of capital used to improve the property might have “merit,” also that the cash flow can potentially be improved.The other thing it can tell you is how much the property can produce today and into the near future so you can plan out your property operations to make sure you’re not negative cash flow or if you’re negative that you’re not negative for too long (reasonable future prospects).As for FHA, you’ll have to make sure your property qualifies for FHA SS or self sufficiency rule if you decide to house hack 3-4 unit properties.

People are staying put and not selling as rapidly as they once did.