Then making the choice be courageous enough to meet that goal.

We all just about agree it is better to have cash flow and the note paydown to free and clear over time, but in a circumstance where the OG poster could get another rental using no money and break even on a monthly basis, I see that as a positive.Clearly, the choice is cash flow + principle paydown, but if you can get only principle paydown for return using no money, your final return is infinite and the OG posters captial he does have could be used to concentrate on cash flow + pay-down/appreciation.

I could have rehabbed the house – but this would have been my LAST choice.

Vinyl has dye lots, pattern matches...and if you don't buy enough at the initial purchase to fix future problems, you will be dealing with different vinyl looks at some point down the road.Personally, I think LVP/LVT (Luxury Vinyl Plank/Tile) is the better choice to install throughout the traffic areas.

She told me she had a choice and it's easy to rent and that the group she picked was very focused on school and didn't come across as the "partying" type.

The options and choices that you will have will be powerful.Congrats,Ryan

If we had the choice, they would not have pools as here in North Carolina, they are not seen as an asset.

It is gorgeous, and I love the choice of flooring.

If they haven't moved I would give them a choice current lease, let them walk away and re-rent it to someone who qualifies, or if she can get a qualified cosigner do that.

@Bryant Brown , if it's your first deal and it's really a good deal, you have 2 choices:1) wholesale it; or2) partner with an experienced rehabber (they put the money to buy it, they sell it, they fix it, you learn from them, they give you 20% of the profit)If you need the cash now, go with #1.