I now have 12-doors there and am in the process of adding a couple duplexes.I don't have much experience with moving out of state for income tax purposes but the first state that came to mind is NV.

I never regretted keeping my first house as a rental because it cash flowed very well from the beginning and as years passed and rent increased it became an outstanding decision .However, our home was significantly less expensive than yours.

Wish someone helped me out with that when I first got started.

Hello, this is my first rodeo on investing in a run down house, my Amex gold business card approved me to spend 120k and I got approved for a line of credit for 50k.

Make them pay the full deposit and first month's rent (proves they can afford it) then give them the reduction the second month.4.

Two weeks ago, she sent a request to leave and I prepared an agreement so I could acquire a new tenant first.

This is how my parents rented for decades when we lost our first house after my father became sick, giving us an education beyond our house buying ability.The houses in these areas always multiple offers and the financing I have set up requires a seller concession of 2%.

I've been living with my parents and I am planning on getting an FHA Loan to purchase my first home.

This is my first project that I'm doing on my own - 425sf addition + upgrading existing house.

Hello everyone, first and foremost I want to express my gratitude for this wonderful forum.