Pit bulls were created by breeding bulldogs and terriers together to produce a dog that combined was used in blood sports.  

Second, I like David but he's not as entertaining as Josh was.BP Business Podcast will be right up my alley if they produce the same level of value as the standard podcast does for a new(er) investor.

i am new to the forum but watch bigger pocket you tube since 2 years.I have 5 properties, all single family homes, Houston area, 4 occupied (only 1 has a mortgage,80%), 1 i occupy myself (mortgage80%)I am a real estate agent, single mom, running a small business that produces very good income of what i save about 60%.

@William CollinsMan that is one for the books, I have had similar type horror stories in the past.. the one thing I have learned is that the more I stick to policies and procedures the better I am.

So you’re buying an asset that doesn’t produce a lot of tax liability in a vehicle that protects against the taxes it doesn’t produce- and none of the liquidity can be accessed until retirement without a penalty.I’m a bigger fan of note investing inside your retirement plan, and leaving the real estate outside of it.

It only looks at if the property will produce enough rents to cover the PITI mortgage payment.

If you are prepared for the costs involved and the modifications needed to the property to make the basement unit conform, the pay off of creating an extra rent producing unit is huge. 

My first question is what are the company policy and procedures for this type of situation, anytime something like this happens something they may ask to see is what is your procedure for when this happens.

I am currently renting out 3/2's between $1000 - $1200 mo. in Winter Haven, however I would caution it depends on 2 factors 1. location 2. condition of the property I say that because in many of the areas in Polk county you can find pockets of excellent rental areas next to some questionable neighborhoods. 33884 puts you closer to the LegoLand area, which has recently gone up in value quite a bit, I would say a 4/2 would produce good cash-flow.I cannot say I have ventured into the rent-to-own arena, but I know of some very successful investors in this area who do this type of investing mostly with mobile homes, and they are doing real well.

I will also be experimenting with permaculture/urban meadows and various ways to completely automate the AirBnB system, and passively cultivating fruits/vegetables on autopilot mode so as the mortgage decreases the amount of free food produced increases.