Hope that helps!

Purchase price: $69,900 Cash invested: $10,000 Second investment property under the books, currently rehabbing the property and hope to get it to market in the next couple months.

Based on the information you provided, I'm operating under the assumption that you have a single-member LLC whose activity is reported on Schedule C of your personal income tax return.I hope that helps and best of luck with your rental property!

There are lenders that can help with lower loan amounts/purchase prices, you just have to know if the lender is capable of it going into the process.I hope that helps, happy to assist where I can.

With one of the largest expenses on the line, I suggest the buyer truly understand the septic's health, not simply hope to pass the inspection.  

Being that section 8 tenants average time in a property is 7-8 years, they are under the housing authority, they also wouldn’t want to lose their voucher, especially if they waited years to get in and much more.Am I safe investing with this method in a tenant friendly state?

Hopefully it'll motivate somebody else who has been on the fence about starting a new business or doing their next deal.

I hope to be a St Louis investor. 

Hope this helps!

Hope this helps!