It depends on the capital you have available.If you have 200k cash and put 10k down on the property in Memphis then overall a small percentage of your liquidity.

No tax returnsMinimum credit score 650Max Loan to Value 75% on sfr or 2-4 unitOnly up front cost is for appraisal and creditRates in the 7's with a 30 year amortizationAgain, points not to exceed 4You don't have to sell your beautiful flip when it's done;  keep it, manage it, profit from it.  

This should depend largely on how the property is deeded.

  * Your really a Land-Lord and you have tenants and that number of tenants depends on how many lots you have. 

It all depends on the numbers and your financial situation.

Even though I'm making more money than I've ever made in my life and my credit score is excellent - I don't qualify until I have 2 years of self employment income to show for it. 

I just got off the phone with Dependable Doors in Puyallup--They would not just sell me the spring (liability issues) but for $250 - $300 would install it.Two Five Three - Five Three Seven etc etc  ....They were a referral from my neighbor and they did 2 new doors on our street....""

Depending how old the fridge is and condition, I usually replace them if needed unless you can fix the fridge yourself.

Prefer properties that can expect positive cash flow from start and do not depend on sale to provide the return.

Hello @Wendy BlackMainly we will be looking for Multi Units.  4-8 unit buildings depending on the numbers.We really need to know the different areas in Phoenix that would be best to acquire properties.We are looking for properties that would have 1%-2% Rules, Cap Rates around 6%.