Aim for a $75,000 ARV to play it "safe".As far as private money you would probably have to find someone local that knows the area and wouldn't have a problem taking ownership of a property like this if things go sideways.My guess is you'll have a tough time finding an individual that wants to loan on it. 

section 8 is like around the clock property management. there’s money in it but it’s extra work depending on who you put in the units. 

I could understand if I was looking for hard money or private lenders but I figure if one bank would approve a conventional mortgage on a property most other banks would as well at the same or similar terms right?

They need to make before they lose money or even worth marketing the asset for youI don’t believe at all this is like McDonald’s, it’s more like calling an electrician to change a light bulb, there will be a travel charge // min charge for someone to come do a specific job.

My thought is, as long as it isnt trendy and wont go out of style, why not just get the best product for the money. 7mm will give you more wear, right? 

You have to read a set pf plans to answer the questions, etc....And if/when you pass, you'll have at least 5 years of paying dues and losing money before you're any good.

If you're already living there I suggest saving your money and just having them sign it in person.

It’s our money, B.

Hello! I am a newbie investor from the Bay Area, CA who currently has one SFH in Indianapolis that is being rented out. I am trying to get my 2nd rental property some time this year in the same market (open to a diffe...

Can I charge him money before these things are remedied?