The $65 ... maybe the master just to add a touch.

Anyway, you won't be living there, so I always make it a touch better than average but not the best.

Buy the 4 houses mentioned above for $2,960,000 maximum.Put $950,000, plus any extra savings I have accumulated after buying all the properties, in my bank’s CD where I cannot touch it for 5 years (or I will get a BIG fee) and it will grow interest, but I will still be able to make deposits into it.Hold these 4 leasebacks and collect the $249,000 leaseback payments until one goes on the market, then sell that one.

Buy the 4 houses mentioned above for $2,960,000 maximum.Put $950,000, plus any extra savings I have accumulated after buying all the properties, in my bank’s CD where I cannot touch it for 5 years (or I will get a BIG fee) and it will grow interest, but I will still be able to make deposits into it.Hold these 4 leasebacks and collect the $249,000 leaseback payments until one goes on the market, then sell that one.

I would get in touch with the owner of record and they can tell you who their bank is if indeed the bank has taken it back.

This will involve touch-up paint on exterior trim, changing the thermostat, and cleaning floors.

Just some cosmetic things to touch up (paint, kitchen cabinet paint, cleaning)If the property sat empty, we would still be able to afford the mortgage payment rather easily.

@Simon W. is an accountant and might be able to touch on this from that perspective a bit more!

If your loan is just a standard bank loan, then they couldn't touch you regarding rent control. 

I keep a reserve of $60k that I don’t touch but get a return on it from trading options.Then I have my operating account (checking) which contains a minimum of $10k but could contain much more depending on where I am in the buy-rehab-rent-refi cycle.My total operating capital is about $80k plus I use private money to pay for rehabs.