Read lots of real estate and personal finance books, save up money and don’t get into consumer debt.

I'm with everyone else in the thread - unlike cigarettes, which leave a lingering odor, or hookah, which likely lead to nasty burn marks, pot smell leaves with the pot and it is usually consumed in a way that could only burn furniture. 

The reason the number is so specific is that the original max was $30 but then it can be upcharged based on CPI (consumer price index).Some landlords prefer to charge the application fee upfront in order to deter non-serious renters and then run the reports without tenant involvement to keep one less cook in the kitchen during the screening process.If you have questions feel free to send me an email.

What sets property investing apart is its potential to generate a substantial reward from a fairly modest risk.

Still toggling back and forth between adding as a rental verse trying this owner finance model.In doing some research yesterday, several mentioned RMLO, which sounds like a huge value ad at a modest cost.

Specs:Condo- top floor, 2 bed, 1 bath, exclusive back deck and roof deck, laundry in unit, modest updatesPurchased- Oct 2014 for $415K (5% down)Current valuation- $625-650KMortgage- principal $370K ( conventional 30yr,  4% fixed)HELOC (for primary residence purchase)- $23,000Additional investments- $27,000 Rent (beg Aug 2017)- $3000 /monthNet (condo fee, taxes, ins, HELOC)- $300/monthThank you in advance for your help!

Prices have been growing steadily and modest at 5-7% over the last years and a lot of people start to wonder when the cycle will start to turn.

Where one investor may be looking to make minor changes and resell at a more modest price, another investor could intend to change the layout, the number of bedrooms and bathrooms, and completely change the target price point and buyer.

If you do FHA 3.5% down, the mortgage insurance will be 0.85% per year for 95% of scenarios (less if you have good credit/DTI and go fannie/freddie, but we'll work with 0.85%).So you're losing 0.85% of the loan amount worth of wealth during that two years you would otherwise be saving up.Assuming you are buying in a market where real estate values are trending upwards, a very modest appreciation assumption will let you know how much you are gaining. 

So long as you stay away from consumer loans, Texas is pretty friendly when it comes to letting businesses and sophisticated parties do what they want.