It doesn't need to be fancy.

If so, having someone else doing this work doesn't mean you're not a good landlord or doing it wrong, If anything you're doing it right if you never have to spend any time working on this property and it runs perfectly as a passive investment property which should be your ultimate goal. 

It doesn't always work out that way.... for example, I'm a really good landlord (as I've found out just this year) but the thought of being a landlord makes me want to run straight into a concrete wall.

Logically, someone has to pay the taxes, it just doesn't go away.

West Loop, Pilsen, Fulton Market.Honestly, I don't see why anyone who doesn't live in Chicago would want to invest in Chicago.

I have heard a saying once that I thought was very funny and very appropriate in Texas for a person that doesn't have credibility or in this case: investment properties.

If Angel Oak doesn't work out for you, I can recommend several others with the same program.Cheers to your new opportunities.  

They have to view your ability to repay as their #1 priority, and with investors, the paperwork typically just doesn't fit their buckets. we write off most of our income as much of it goes back into the property anyway. 

Works in some places, doesn't even come close in others. 70% isn't really a rule either - every deal is unique, so if you peg yourself into these "rules" you will miss out on everything that just barely doesn't fit in the rigid box of rules. 

*****Does the letter mean that if the roof doesn't last, that the seller will cover the cost of the roof and the damages that it might incur?