It will provide you the benefit of offsetting your living costs, collecting rent (possibility of cash flow), and utilizing a low down payment.

. $293.00 a month, but you will be collecting $2600.00 a month in rents if self managed.

@Ricardo TorresRegardless of how a loan is listed/structured - if you are collecting income/revenue - It needs to be reported on your return.If a property is converted from a primary residence to a rental - you get to start writing off expenses against your income.There might also be a window before you can do a 1031 exchange.Best of luck

The one is from the Landlord wanting to collect Damages in Small Claims Court from people who quit their JOB's as soon as the Judge awards you Damages, like on Judge Judy...try to get Blood from a Stone.

She also has low credit score of 500 and a collection for medical bill. 

Escrow really dropped the ball since that lien should've been discovered and resolved prior to buyer giving their landlord 'notice to vacate'.Now Seller is asking for a minimum 30 day extension to try locate lienholder and clear lien however, buyers would have no accommodations to stay in the interim, as their landlord stated they have to be out in 14 days since landlord already filled their vacancy with another tenant and have no other units available.

Apparently the tenant had a room full collection of Nike Air Jordan worth close to $200K.

If so, you may be able to push the rents up and hold on to the tenant and collect the additional cashflow without having to rehab the unit.

Rent it and collect and try to get a mortgage to try to do a kind of Brrrr strategy?

Favorite part…collecting rent!