RISK: minimal as it is backed by a deed (home being occupied by and therefore taken care of), and a promise to repurchase the investment.  

The process for establishing these is relatively easy to do in Arkansas.

If it doesn't work out and you lose your deposit, you should have learned a lot in the process, met a lot of people and are better prepared for the next deal to come your way.Anish

Hi Nick Andrews I went through the same decision-making process for my first rental.

It's also apparent we need to improve our tenant interview process.

I am in the process of closing on a 5-unit property in Pilsen/Heart of Chicago very close to Harrison Park.After closing, I will need property management to manage the building. 

I have used several title companies and have the following requirements:  1) easy to work with, 2) make me a priority and move the process efficiently, 3) good communication, 4) competitive fees, and 5) mobile close service.If you are military or have someone in the direct family who is/was you might consider One Nation Title (formerly First Republic). 

The idea of having a small-footprint is appealing and live/work/play developments are very appealing.This is very general of course, and you know your market, but think through the process... who's renting the apartments?

I feel as though upon coming back they will frown upon our hiatus, and it will prolong the approval process for a loan.

I'm newbie,  I made a offer on a short sale then I found out that the process could take very long, so I decided to look for another property, as a first timer, should I leave that short sale offer open and and start another property?