This project just went on forever.....  

FHA you are stuck with it now forever with the recent changes they made.You could go 20% down and not have mortgage insurance at all.If you want to buy a property as an investment and not to live in then banks typically want 20% down for that.I grew up in Woodstock.

The first few seem to take forever for us "conservative" types because we tend to be cautious and it takes a while to get the first few purchases working to pay for our next purchases.

In any case, you will not live there forever, so this is a good way to analyze the deal.

Once I bought the sprayer, I felt like an idiot for ever using a brush.

Also Traditional the IRS will make you start taking money out after age 70 where Roth you can leave in their forever or pass on to your heirs or favorite charity.Well hopefully this answers your questions, unfortunately usually the answer always comes down to it depends, but CPA should be the one that gives the answers for your specific situation because the question between Roth and Traditional comes down to taxes and it's their job to make sure you pay the least amount possible.Let me know if you have any other questions.Disclaimer: Always talk to a trusted licensed professional about any tax and investment questions.

@Jenna Stonecipher realtor told me with an as is property and low price that fannie may would not turn utilities on for property inspection, I do know all utilities were on 4 mths ago I know im at some risk in that area @Adam Roberts ARV after repair is compared to comparables is 45 to 50000, im more interested in buy and hold and trying not having to work forever thx to all BP community I guess im now an offical REI.

Vacancy Rate (your property will NOT be rented forever, appraiser will use at5% vacancy rate when appraising this income property)$440 a month for insurance?

Internet  stays forever funny about that.

You'll get a tenant and they will stay forever if you let them.