Smell of gas, run out of the house ASAP.If the foundation wall is bowing out, lateral cracking, or crumbling; you have a foundation issue.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $147,500

Cash invested: $13,000

Sale price: $269,000

We bought this condo with a Fannie Mae loan to put down 7%...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $147,500

Cash invested: $13,000

Sale price: $269,000

We bought this condo with a Fannie Mae loan to put down 7%...

I have meetings with several banks this week to discuss refinancing, However I worry that I will run into the same debt to income issues. 

This is on the interior wall of a townhome, so the vent needs to run to the rear wall, and then outside. 

When I'm running through the numbers (I'm running them as though both units are rented out), the cash flow is typically negative or if it is positive, it's less than $100 a door.

Property management companies prey on out of state investors because they are cash cows.... the local investors are just base hits for PM companies but out of state investors are the home runs for property management companies...

However, in the long run, it will be good. 

Water runs for about 10 seconds then the flow slows to a trickle.

I am running into the same major problems in the showing aspect as well.