Plus, the local REIA is a wealth of in-depth knowledge of local cities, markets, rental rates, etc.I always remind our REIA members that successful investing (including finding your dream vacation/rental home) always comes down to three main things:1) knowing what you want,2) having a great reason for wanting it,3) and then letting everyone know both of those!

@@Abad MarroquinPre-foreclosures or "before the notice of sale deals" have to have equityI want to three months behind on payments, no moreAfter I pay back payments and fees I want at least 20% equity to take over the payments subject to (subject to existing financing)The ideal "subject to seller" is someone wants to protect their credit ratingThe Piti payments compared to market rent I want cash flow of at least a few hundred dollars a monthSo the deal discussed  I would not even consider

Is there any letter I need to request from HOA (say commitment that they will clear this up) that could be sufficient for title company to agree to close 3.

So having one isnt the best, so I'd say three is the sweet spot where you can have a cleaning person to turn your units financially efficient.

I have looked at the rents you can get for a three bedroom townhouse renting to regular people and then if it is rented by the room to students.

I invested for years before getting my license, just because I have only had it for three years doesn't mean I don't have enough experience.

I purchased a property that stated there was no HOA and three months later I got a bill for an annual HOA fee.

. $10 for a pack of three bombs.

My wife and I close on our first property in less than three weeks - a duplex in need of a little love.

It's a single family home but has two apartments in the back so it's three units rents are total of 2,125, selling for 185,000,taxes are 1500 year, payment would be like 900...I also estimated for all expenses and vacancies at 10% each...looking forward for someone to help me out thanks ...