As an agent for the owner with authorization, I've never had the bank not give me the lock box combination, or mail a key, once they've secured a property.

Unless you put 20% down, you pay pmi until you can show a minimum of 80% loan to value either due to payments, or a combination of payments and appreciation.

You can buy every combination of numbers for ONLY about $585M.

Most important factor is how much turnkey it is, combined with good cash flow, of courseAny recommendations on serious professional companies?

Installing washer/dryers may raise rent.2,250 sqft 6/3 -- each unit is a 2/1, two stacked in a 2 story structure, the other as a front house.Property located in Lealman neighborhood of St.Petersburg Florida.What do you all think?

If yes, then you in combination with your 401k generally cannot own 50% or more of the existing entity.

Hey Kevin, I am looking to do a combination of both.

The best example I can give is this: If you hire someone to come to your home and wash your car and you allow them to wash their own car while they're there, although they are technically conducting a "business activity," they are NOT ooperating a commercial business on the premises(which is what the law allows you to prohibit).If you hire that car washer to open up shop and use the property as their brick & mortar where other clients bring there cars to be washed, however, now you're entering into the commercial use arena. 

A lot of people are drawn to investing here for the same reasons you and your husband are, the allure of a vacation spot combined with a savvy investment.Housing is still relatively affordable and rents rose nearly 8% last year and continue to do so.  

Maybe your combined cell phones cost 150 monthly and you could cut your data plan way down and have a 70.00 dollar bill.