You have to run your own numbers but compared to a 203k loan the NACA lower rate and no closing costs were a slam dunk even including the potential 25k.

This will help potential renters make informed decisions and avoid confusion.Professional staging: Consider staging your rental property to make it more appealing to potential renters.

However, I also look at each potential deal to determine the best investment option for me and the greatest outcome for the seller. 

Learning how to analyze potential returns, cash flow, and profitability is essential to reaching for your goals.

You have to have the personal protection either way, at which point the LLC is less important.An accountant once warned me to be careful about using the LLC to manage the properties if they are not owned by the LLC because it could potentially trigger taxable events. 

Today, a day before the showing she said that she will be coming home around the time I am going to show the room to the potential tenant.

Hi Bryce,Although this is a three month old thread, but its still fresh opinion about the Soo market.You are right it has a huge potential for student rental, just one need to aware of the area they are investing.

Use online resources, public records, satellite imagery, and neighborhood data to assess the property's potential.

Potentially looking at living in my first property for a year as this would be $300 - $400 less in current rent, while I fix it then rent it out after that year.

Looking to potentially sell or 1031 that eventually.