. $600 extra a year on this rental sounds good to me and it is still competitive to others around.

If you assign, the buyer and probably the seller will know how much you're making (it's on the HUD) and if you double close, you can keep it a secret until the docs are filed publicly.Double closing will cost extra money, unless you pass those costs onto the buyer.

The extra $100 goes to pay down principal on their mortgage.

And believe me, before I got my truck I did NOT know about all the "extra" stuff there.

Once one tenant lives there, they are no longer new so paying the extra for new or scratch and dent doesn't make sense.Flips must match brands and finishes so scratch and dent would be the best savings possible.

If the local market corrects or you need to dump quick you will be overleveraged with no principal pay down.How much extra cash flow are you getting with the interest only loans per month per property??

If I do an eviction there is an automatic money action I can do that doesn't cost extra.

Very interesting...Never thought of overseeing others projects for extra income.That's a great idea.

I have been considering getting into real estate investments for some time now as I live in Houston and the population has exploded in recent years.I will have a bit of extra cash later this year which I would like put to good use (10-20k roughly).

The fly by night "cash handyman" doesnt help any either because the licensed guys pay more insurance because of them and towns require probably twice as many permits for just general things they never did before.