There is less than 250,000 people living in what most of you in the lower 48 would call a small town.For Alaska, it's the largest "city"… I think Fairbanks is about half the population, and where I'm from… Sitka, Alaska is the fifth largest community.

Bandit signs is really a function of 'location'.

It means the function that calculates cash on cash return now returns an error :).

A 203b mortgage might work well for you, but you can use regular fha mortgages as long as the home is functionally sound.

@Albert Hasson Thanks for the reply.I have spoke to a couple friends of mine, 1 is a commercial banker, another is a very large investor in Philly and neither have heard of a Guidance Line for rental properties.Your description is similar to my thoughts on how it would function.

Each year you increase rents but stay at the middle of the market which keeps the tenants to stay and reduce turnover which besides paid utility makes up the largest costs.

@Brian Ash give the search function a try as there has been a LOT of discussion about this lately.My take is that if you randomly choose a turnkey provider you are likely to get some combination of an overpriced house with claims of rent in excess of market reality and a shoddy rehab that will continue to require ongoing maintenance.

I'm going for functionality before aesthetics, those will come later.

To use the @ mention function, just type @ followed by a question mark and a list of choices will pop up at the bottom of the text window.You're really, really limiting your choices if you choose only Homepath houses that are eligible for renovation loans.

I'm fond of focusing on the largest cost drivers and the ones with greatest variance.