Thanks for the info, From what I had researched I figured the one year lease would be fine.We met with a couple today who has been working with a realtor and mortgage professional to get a deal setup for them to purchase a home that has a mortgage on it with a contract for dead.

with incessant internet research and reading about landlording, investing, and trying to put two and two together to make a deal happen.

I love these words and live by them.i currently have around 15k in savings, probably at least 10-20 k in assets, an entire home worth of goods from when i lived in a condo a few years ago in my parents basement (i am living at home at the moment, FREE of course, the greatest benefit)the final semester of my program is relatively laid back, with 300 clinical hours and a research project and a couple exams.

And critical one that should be considered by all at any experience level.I believe in becoming a neighborhood expert prior to any purchase consideration.My mentors and experience have taught me to conduct thorough research and know more about the property, neighborhood, and target market prior to any purchase consideration.

I recently completed grad school so I have more time to learn how to do it the right way.I came across BiggerPockets when I was conducting research online about real estate investing.

I am not questioning your research.

Hi Bill Exeter, my CPA stated this:According to our research you will have lived approximately 20 months in your present residence by the time of sale.

Use this: SFH Deal Analysis Spreadsheet Ok now, you should be doing your own market research to determine the market rent for those exact unit mixes in that neighborhood.

This is a question that requires a little market research, plus a careful look at the budget.

So I recently discovered BP while researching how to scale out/expand property investing.