Mike Hurney yes, I've made the mistake that you said so many of those in your REI groups fall into.

First let me sincerely apologize to the bigger profit pockets staff, community (including @Kenneth B. since he actually asked about an update almost 2 month ago) and family for not staying on top of this rehab journal.Shortly after my last post, our office manager/transaction coordinator abruptly resigned causing a lot of the administrative load to fall back on me and my business partner.

Here in Colorado, you are required to have cash at the moment the hammer falls.

My wife is attending University of Indianapolis this fall.

I had an older lady try and sell me and my wife after we didn't fall for the gard sale pitch.

Still falls under FHA guidelines and needs to be the primary residence for whomever is taking out the loan. 

Be sure to read through The Ultimate Beginner's Guide to Real Estate Investing to help you get started.Also -be sure to setup some keyword alerts - especially for "Twin Falls" so you can jump into local conversations.See you around the forums!

The right deal takes time and it just doesn't fall in your lap..you need to work for it and constantly scan for opportunities.

I am currently living in Fall River, MA and have a SFR that I am thinking about selling in Phoenix, AZ in order to purchase a MF in the Newport/Middletown area.

The houses aren't like falling apart or nothing they are both rent ready, I would just do minor things to make them look better but my landlord says he just doesn't want to be a landlord anymore and since I've lived in one of the houses he wanted to sell both to me.