Until you build a track record with a private lender they will surely want you to have some skin in the game so there's that side of things you have to resolve with them.

They’re almost certainly going to require a down payment as they want their borrowers to have some “skin in the game”. 

I'm currently working as a purchasing manager in a manufacturing company a bit north of there, but will probably relocate soon after we find a good property.I'm a bit of a nerd, very into video games and role-playing games, but I also have quite a bit of experience fixing minor things around the house from when my parents made me as a kid.Looking forward to hearing from you all, and participating in the community!

Hi Rolf - The costs will vary depending on the design of the building among a variety of other factors.

What's the end game and how does the mortgage help you get there?

I agree with you 100% not to get into the business to be emotionally attached to tenants and that end game your focus should be maximizing how much your property is valued at.My question to you based off that is in your opinion, based off your experience, when dealing with inherited tenants, do you view them as assets or liabilities? 

This is an entrepreneur's game of cart before the horse and horse before the cart at once--place property under contract not knowing if the deal will happen and spending at-risk soft cost dollars. 

Innovative shed décor can turn the old gardening shed into a haven of tranquility for mom or a gaming studio for those noisy teens.SummaryBy choice or lack there of, many more people are living in smaller spaces and will continue to for the next few years.

The scores vary a bitDispute any errors (if any) in your reports to get them removed.Keep your credit applications to a minimum.

Personally I like the idea of having a few properties owned outright , simply for safety / risk reduction to keep the wheels turning in tough times and there will always be tough times or massive expenses if your in this game long enough .