It is unsettling to think about being an out-of-state investor without a full understanding of all the factors to consider in the area so I will try my best for that not to be the case.I don't want to send the wrong message to @Kristopher Cowen or give any false expectations but I would keep it in consideration.

The other factor could be that, when the market begins to pick up in February, these homes are already on the market and willing to sell quickly due to the slow winter.

Can I do this under an LLC to avoid my credit being a factor?

See it at  611 Goodwin Rd, Austell, GA 30106.To offset that I factored in 5000.00 in Miscellaneous for unforeseen expenses.As for the kitchen the properties is going to need an all new kitchen, cabinets, appliances etc.Planned on doing what I could myself, but for the most part wanted to use Contractors. 

Do the requirements vary by lender, and if so, is the difference significant enough that I should factor that in when shopping for a mortgage?

I have seen it done with 12-24 months worth of commission history, If there are positive contributing factors like large reserves, and good credit scores.  

Hi @Christopher Grobbel.You are correct that monthly Mortgage Insurance would be an important factor to consider on an FHA loan.

It depends on a whole host of factors, but you can be assured that if the person sizes you up as someone who doesn’t know anything, you will be taken to the cleaners.

Even then, that doesn't account for upgrades and condition.In my experience it's a non-linear factor, meaning that smaller homes tend to have a higher $/sf than larger homes, all else being equal.I use a spreadsheet to run comps. 

Hi everyone 👋🏻
I have been working on my personal finances lately, and I have consolidated some credit card debt within the past couple months. I still have two credit cards pending that’s scheduled to be paid off at...