Hi Everyone. I had long time tenants of >5 years who always paid rent on time and has caused no problems so far.  In the middle of the lease, one of the roommates moved out.Now, the remaining tenant has moved in an...

The listing agent isn't available to open up any of the units, but I plan to visit anyway just to walk the property and further my analysis education. 

Judgement is $21,000 and some change and they agreed to leaving in 2 weeks.

They also have professional property managers who have tried to find renters with no luck.Apparently the local university changed it's policy with allowing certain years to live off campus.  

You can go about it both ways, you can get it under contract after you've been pre-approved for funding but it really shows the lender you're serious if you have it under contract already.The price of the house won't change drastically after it's under contract, so we'll know how much funding you'll need and you'll have a clearer financial picture from which to plan from.Let me know if there's anyway I can help!

Hello Richard Channer welcome to BP as far as no money down there isn't truly no money down these days it just doesn't has to be you're money try to get an absorb as much education as you can,any questions I'm her to help.

So you wouldn't necessarily change your monthly CapEx numbers for it but you would want the purchase price to reflect it.As for property management, I would always suggest to include the number.

Best education if you asked me.

I am educating myself on buy-n-hold investing.

Yes, I recently have met investors who own 35+ homes in Michigan (not Detroit)...Maybe with all this investor activity and bulldozing that will change?