My boyfriend has done construction and estimates and we can get a good first impression before bothering an agent What we mostly need is someone to do the paperwork right and protect our money and time.BTW, we're not ready quite yet- almost though.

Something to consider is that several states have laws about passing processing fees for credit cards directly to the consumer.

A: enter the property, re-key and get ready to rent again.

In the future she plans to either move to the US (there are a number of ways) or just visit me from time to time and stay for a few months in the US.She wants to take advantage of our low housing prices, purchase a house, rent it out (rental income is not that important to her but it would be nice if it at least covered expenses on property tax, utilities etc.).Off course, she is going to pay cash, and I am ready to help her as much as I can.

It would take approx. 2 weeks from start to ready to fund a deal, it can be rushed for quicker needs.

Your basis is what you paid, plus some purchase closing costs plus what you put into the house before its ready to rent.

Guess in the future you have to be sure of present and repaired values, repair cost estimates and be ready to pull the trigger.

Buying up some properties as good rentals and holding them until you are ready to rehab and sell for big $$ is the best way.

Nothing for vacancy, long term capital (even if its rehabbed, if you plan to hold for 20 years you'll buy roofs, furnaces, ACs and other pricey items), routine maintenance, make ready costs between tenants (some, but not all, may be covered by security deposits), legal expenses, lengthy evictions, accounting expenses, etc.Now there will be some months, most months even, when you only expenses are the PM, taxes and insurance.

I'm ready to come home, so to speak; and I'm ready to rehab and rent some more houses