I've definitely waisted time and money by pursuing potentially profitable deals, but they are outside my scope of expertise and ended up only being distractions in the end.These items may just be applicable to me and the skillset I had going into real estate, but hopefully they'll help out a newbie coming up to avoid a few costly mistakes.

Just be wary though - The home office deduction may possibly be limited if you do not have net income.

The marketing would be limited to free services (ie.

Another year another opportunity for where one might receive applications from Independent Contractor (gig) workers.Does ANYONE have a process that they use to manage the risk associated with taking on Gig / Lyft / Uber drivers as tenants ? 

I wouldn't buy again under those same circumstances as an investment, but it made sense to me to keep due to the very limited money I had in the deal and the low rate from buying as a primary.

I can't find a maximum amount. https://www.hud.gov/program_offices/housing/sfh/203k/203k--dfFor limited 203k loans, there is a maximum of $35,000 in repairs, there is no minimum.

I am a young guy with zero experience in real estate and a VERY limited amount of experience in stock trading.

The good thing about the fees is that they cover some of the expenses lawn and plowing, much of the insurance, trash, sometimes water/sewer.The big thing is to read the association bylaws concerning rentals, often they require owner occupancy for one year, or they a have limited number of rental units.

TSP loan gets tricky, if I remember right you have time limits and I think it's 50k max (again there's time limit to when that number resets).In all honesty your best bet is likely finding a below market place to rent, find something with a landlord who's a person vs a company.

During this time, Kevin also had seen a property he would like to buy and had put in an offer to purchase which was accepted on Feb. 5th, the day an email went out to Cancel the original Contract.At the same time, the Mortgage Bank then closed the Application since there was no point in continuing as the Seller could not deliver Marketable Title and the Mortgage Contingency had expired.The Seller's Attorney stopped communicating with Kevin's Attorney.