This is through a conventional, no PMI loan.Investing in Commercial Real Estate:Commercial properties include office buildings, retail spaces, warehouses, and more.

So by your logic, no one should really ever use a forum?

This property is mortgage free so no issues there.

@Ben Russell- thanks ..ARM rates are definitely higher / worse than fixed rate options  ( especially on invst properties ) ...Use the  30 yr fixed option and make sure you have the delayed financing aspect figured out ....no way you will be able to get mid  6% range at this time 

Insurance is no more than $45 per month.

Would rather have 30% of a $1m deal than 100% of no deal.

No, our property taxes and insurance are much lower than other states and you have basically no maint/repairs/cap-ex since they are brand new.

@Justina Sirohman no one has created a reliable software program to do this yet - at least not one that is affordable for DIYs.So, knowledge, or access to it, is power for this topic.You'll either have to pay a contractor for bids, and/or learn how to price things yourself.

Hey Daniel,I have dealt with this at previous companies I have been at.We did require a passport of some sort.I will say, we never had any issues with any of the tenants that rented with no SSN.

If you are consistent with learning real estate over the next 4-6 months, you’ll be ready to purchase your first (or next) property in NO TIME!