Still toggling back and forth between adding as a rental verse trying this owner finance model.In doing some research yesterday, several mentioned RMLO, which sounds like a huge value ad at a modest cost.

Specs:Condo- top floor, 2 bed, 1 bath, exclusive back deck and roof deck, laundry in unit, modest updatesPurchased- Oct 2014 for $415K (5% down)Current valuation- $625-650KMortgage- principal $370K ( conventional 30yr,  4% fixed)HELOC (for primary residence purchase)- $23,000Additional investments- $27,000 Rent (beg Aug 2017)- $3000 /monthNet (condo fee, taxes, ins, HELOC)- $300/monthThank you in advance for your help!

Prices have been growing steadily and modest at 5-7% over the last years and a lot of people start to wonder when the cycle will start to turn.

Where one investor may be looking to make minor changes and resell at a more modest price, another investor could intend to change the layout, the number of bedrooms and bathrooms, and completely change the target price point and buyer.

If you do FHA 3.5% down, the mortgage insurance will be 0.85% per year for 95% of scenarios (less if you have good credit/DTI and go fannie/freddie, but we'll work with 0.85%).So you're losing 0.85% of the loan amount worth of wealth during that two years you would otherwise be saving up.Assuming you are buying in a market where real estate values are trending upwards, a very modest appreciation assumption will let you know how much you are gaining. 

So long as you stay away from consumer loans, Texas is pretty friendly when it comes to letting businesses and sophisticated parties do what they want. 

Raising a family and working a good job full time is very time consuming.

This means that, even if you rehab that bad boy like crazy, it will still just be the nicest house in a not-so-nice area, and anyone that can afford the rent you'd need to charge to compensate for all that rehab work would almost definitely prefer living in a more modest prop in a nicer area.

This is what the State oF CO says about PREDATOR "wholesalers"Consumer Advisory: Long-term Home Ownership Concerns(Wholesaling/Assigning Transactions and Distressed Rescue Transactions).

We’re quickly realizing that our trips to Walmart for consumable supplies (toilet paper, paper towels, dish detergent, etc) are becoming far too frequent.For the people that have multiple units, what is your strategy for buying and storing these supplies?