I am open to getting professional help so pleaserecommend any, if possibleHi Jodi..most lenders will require a six month seasoning however it’s possible to use the purchase price and do an immediate cash out refi or first position HELOC.

Some cities do require them to register and have insurance, but that is no guarantee of the work or quality.While many will fight you on this, my suggestion is to never pay up front. 

I'm very apprehensive on using someone who doesn't come highly recommended.

I would recommend trying to figure out ANYTHING that could attract your husband to the idea of house hacking and emphasize that.

You can always consider buying down the rate, but the reason we don't recommend it right now (and the reason I didn't in December) is because your recoup period on paying points in generally 3-4 years right now.

Here is why I didn't require a reference for each one:The first set were a 17 year old and a 19 year old, trying to escape a brutally abusive situation.

If you aren’t an experienced investor, most bank will require you to hire a professional pm company to oversee and manage the daily operations of such.Do you actually think that the PM company could afford to pay a manager out of the 4-6% they receive???

However, I am still unsure which areas of Memphis are the best to invest in and what types of properties I should focus on.I would greatly appreciate any advice or recommendations on which neighborhoods to consider investing in and which types of properties are in high demand.

The service was off for a year(which I didn’t know) and the unit required an inspector.

if so - I recommend getting a loan approval in place before beginning to look at properties 3) Watch the  insurance  costs as these are incresing in FLA ...Good luck