Garbage too is relatively flat.

Definitely start jumping into the community here and feel free to ask any questions related to Real Estate investing!

The refinancing idea only works on a relatively quick time scale if, for that same $120k subsequently appraised value, you only paid $90k (or less), all-in!

@Sang PakYou always have a choice...don't listen to anyone who tells you otherwise...FIrst and foremost - you need to clarify if the $3500 is TOTAL estimated closing costs or relates to just the loan origination fee.I am also confused because you mentioned that the offer was accepted by selling agent and then you mention you were afraid of the seller getting in another offer...If the offer was accepted - What is the closing date scheduled?

Being self employed, if you were to find a lender that doesn't have any overlays on an FHA loan, it is possible to count the income provided you had previous experience in that same or related field of two years or more. 

Larger roof, more expensive fixtures, higher labour costs in more expensive markets.Keep in mind that everything about costs and income are extremely rough guestimates at the very best based primarily on industry data gathered over decades involving millions of investment properties. 

Definitely start jumping into the community here and feel free to ask any questions related to Real Estate investing!

Coming from the Midwest with a relatively low-paying job I wouldn't have enough cash to invest using traditional methods.

I’ll say two things though, one is I’m sitting on a good amount of cash (relatively) and hate seeing it just sitting in a bank (though would hate to lose it).The second is I am slowly building a network.

Definitely start jumping into the community here and feel free to ask any questions related to Real Estate investing!