Not set up for utilities" and then pulling power from another property is a big fat fine for everyone involved.

He was able to replace some income with temp jobs and last weekend he told me he has found a FT permanent job. 

Originally posted by Charles Perkins:I was just reading that HUD may expand the 203K program to investors.http://themortgagereports.com/10692/fha-203k-eligibility-may-soon-expand-to-real-estate-investorsI suspect that those loans will be fat with fees to replenish the insurance fund.

He goes in, fixes the marketing, streamlines operations, and trims the fat in administration.

I agree with you - by ditching this property and using the equity to move into something more permanent for growing family I can realize the savings rate and use my extra cash to buy in a more affordable cash-flowing market.

If you haven't already check with the VA, they have multiple programs that work to provide temporary & permanent housing for Veterans.

FYI Stephen, I work ipayrentez.com that has a feature within the tenant portal where you can upload pictures of your move-in move-out condition and have a permanent record.

Is this permanent or a trial basis?

I had a property where they didn't even supply comps, and there were hundreds available, just not the ones they needed to fund the fat pensions and other ridiculous gorwing fees they have.

I've made as little as $500 when the deal was skinny and as much as $65,000 when it was fat.