Note that the best tax advantage is expensing the repairs when possible rather than capitalizing and depreciating them.”I bought my property for $400K and it’s worth close to $600K now.

My initial search area will be Chicagoland suburbs that are within 50 mile proximity.  

PNC offered $2g for closing cost.

The house is about 30 miles from a base, so not real close, and that may be why.  

Don't forget that you can negotiate that the seller pays your closing costs, thereby keeping your cash to close at the 3.5% of the purchase price. 

I'm closing in on my 10th year of investing. 

Wanting to know if its closely reliable to use it to avoid being overly optimistic on a property. 

In a nutshell, Fannie Mae Homestyle loans enable financing for property renovations alongside a purchase or refinance, while Community Second Loans provide subordinate financing to bridge the gap between down payment and closing costs.

The HOA can easily close your rental down without much notice so be careful there.

Fingers crossed, I should be OK after selling it and be ready for another opportunity, but we shall see.Lessons Learned:1) Fully understanding the financing of the deal and be liquid BEYOND money down/closing costs.