You get long term finance and if one renter goes out you still could possibly have cash flow to pay the note.Another option is to buy a house in stage zero of a new home development where homes are just going up.

What a time it has been...just wanted to let everyone know im good ( for the ppl that care) lolSo in my last 12 months ive done almost 2 mil already and pipeline is steady flowing.I am happy to say I have now accepted a position as a closing agent at a NE Cleveland investment firm.Did it all as a solo agent and i just wanted to say first to everyone here thanks for your words of encouragement and advice....This real estate has changed my life in so many ways...I got my first rental and currently house hacking, my mindset is so unbelievably unmatched compared to fellow agents.Things are finally turning around ( prayer hand emoji)

Read your contract with the PM company carefully to make sure it doesn't give them a carte-blanche on accountability, but it sounds as though you can make a case for their being derelict.

I asked the women what she plans to do with all her stuff, and she just wants to get rid of it and call the Salvation Army.Both are tired of taking care of the lot, and said it is becoming to much to handle. 

Be careful not to over-allocate value for that land.

@Steven Mason Some HML will require minimum credit score for the interest rate they charge but most really don't care about your credit score.

Yes you have to be careful with it and understand what you are doing, but personally I think you will be hamstringing yourself if you follow that strategy.

Don't care what city you live in these 3 questions will keep you out of trouble.Good luck!

Take care,LanaBtw—We moved forward with the flip and so far it is going well and I am learning a lot! 

I am also taking online classes paying thousands of dollars every semester on a degree i can care less about which is really not gonna change my salary it will probably drop it if i decide to use it.