Thank you for contributing and reminding us all how important move in/move out inspections and checklists are.I hope you manage to save some of your hard earned dollars and get into some of your own properties too! 

Can you refinance the max at a reasonable rate to increase your returns and make it earn it's keep.

And this year I'm turning 40 in October, so I'm planning a long awaited and hard earned vacation in the Caribbean with my hubby at the end of the project.So anyway, thanks for letting me vent a little and introduce myself to you all.  

They would obviously need to provide their routing number and bank account number to my loan officer (I don't need to know it) so the transaction can go through.Now I just need to find someone who is willing to let me use 80k from their bank account in trade for 80k in cash so that I can get a traditional mortgage on the house instead of FHA and I can get renters into the house ASAP and start earning cashflow from this beast!

Is the Home Possible income figured on gross income earned or on net taxable income?

Tell me about it Yvette I get so confused on the free advice Im thinking about Jack Bosch course also I saw a webinar and it sounds like it teaches you from buying Tax Lien buying from A-Z but I know from experience there is always a up sale or something you dont find out about until after you have spent your hard earned money. 

We also do not sign year management agreements but rather allow them to go month to month so we have to continue to earn your trust. 

Expanding on this market niche, the most recent real estate transactions I've participated in, have all involved sellers in their advanced age whom have accumulated considerable portfolios and are in the process of liquidating or recapturing some of their very hard earned investment and equity. 

Debt is so cheap it makes no financial sense to keep equity locked up when you can deploy the cash and earn way more on your money. 

I say take the money you would have thrown into a REIT to earn 4% per year and join a reputable paid mentorship program... someone who can give you the tools, confidence, and motivation to get started and be a true real estate investor.