I respectfully disagree.

I could easily envision hold renting and establishing some cash flow while having someone pay my loan off.

They may vary in some respects from one lender to another and depending on other factors they can vary from a policy with compensating factors so long as they stay within the rails of accepted practice.So, it's important to interview your lender and ask questions.

That gives you an idea of the lag time between California /Oregon and Georgia.When 'green' is solidly established in California/Oregon, then we can expect it in Georgia 5 - 10 years later.If only the bubbles would burst that slowly...

Spend your free time getting 2-3 of those established while still at the day job (So you can finance the costs you mentioned with the paycheck) and once you prove you can get those revenue streams going I would seriously consider dropping the JOB since you would have already replaced that income.

Much of what you unearth here on BP is universally applicable, but it does tend to be U.S.A. specific, so just keep in mind what you read, particularly with respect to taxation, regulation and finance, we be a little different here at home.

I do hold the 1st Mortgage notes for two ladies who accumulate their respective wealth $1 at a time & of their own admission they are ‘HOT'.

If I rent to someone in this situation I will require additional security deposit to lower my risk.Prime example: One of my "all star" tenants had a felony for methamphetamine use (over ten years prior to applying to rent from me), successful rehab, steady full-time employment in a respectable job.

To blatantly attack niches or entire states/cities is simply stupid...I don't own mobile home parks, but I respect and am willing to learn from and befriend those who do.

I'm also looking at appliances right now for two houses I'll be putting on the market soon and I was planning on going with a side-by-side fridge for both houses, they're both what I'd call middle of the market houses for my market (listing for probably $260k and $170k respectively) but then I wonder if I should spend more and get french door fridges, which also seem to be the hot item these days, but cost considerably more than a comparably sized side-by-side fridge.So, with all of these questions, I wonder if I should just list them without appliances and offer a credit towards new appliances for the amount I would've spent on them, so buyers could pick out exactly what they wanted.