everything you mentioned is true.there was so much tension in the air, it was scary, with the tenant.

After buying the condo for 365,000 I added about 21,000 in improvements - carpet, paint, new kitchen, new air conditioner/furnace etc.

They have no experience, they are picking rehab cost out of thin air, and going out to 2-3 miles to support the ARV.

So when we closed in Dec, my contractor hit hard at a good rate, grateful to be working indoors.

They're open to do a lease option to purchase.What's unique about this home is the city has a lot of navy guys. people coming and going..This house is a 6 room, 2700 sq. ft. that excludes the INDOOR POOL.PITI Mortgage $1430 a month.I could sublet out 5 rooms for $525. (+$1,195)I'd subtract 20% for vacancy and 10% for management.To get the home in rent-able condition would cost about $20,000.UNKNOWN OBSTACLE: Septic system capacity.

I started investing while I was AD Air Force and have only been out for about 11 months, so I understand some of the challenges (and perks) of investing while you are in the service.

Current Air Force SSgt. looking to not only learn from everyone here, but to take that knowledge and utilize it to the fullest.

Old galvanized pipe is almost certainly corroded inside and if its been exposed to air, the water coming out is going to be rusty every time your turn on a faucet.

What difference does it make to you if your tenants smoke outside in the open air?

I also have an Aerospace Engineering background but haven't finished my degree yet due to my service in the Air Force.