If they are in no rush it can be mutually beneficial.

Still, the rush of getting those first two leads has really pumped me up.

But I'm comfortable that with a 93% occupancy average, I will still come out ahead at $550 a month on the cash flow.$350 might be a little on the low end so depending on the house type (built in 90's yes, built in 50's no), the equity capture, etc, I might pass on $350 or I might say yes to $350.But I just think that a buy and hold investor needs to be most concerned with cash flow and this should give you a solid way to compare apples to apples.Here's one example of a deal I just closed on two months ago that isn't really a great house but it is a great cash flow house.3/2 ,1450 sq ft but a much older home (50's).

I'm 12 hours ahead of the states EST hencethe late response, but will always endeavorwith a reply.

Prepare ahead of time by identifying issues and questions you have, and see how they perform.

Pick up $100 worth of books, you will be way ahead of any seminar.

Give him a heads up that I'm pursuing an eviction in the hopes he moves out sooner?

In the private time machineBut our great great grandfather settled in Sierra city at the time of the gold rush and the home had been in the family since 1890.... its a special place for us.

You'll take a 1.75% hit on your money up front then 1.35% per year for the FHA mortgage insurance so I guess if your investments earn more than 3.10% the first year and more than 1.35% for every year after you're ahead of the game.Keep in mind your paying this percentage on your entire loan balance so if you have a 200k loan amount and 100k invested somewhere you need to double the rate of return required so 6.20% the first year and 2.70% every year after.

If the price is justified and the numbers make sense(and is reasonably assessed), go ahead and do the deal.