You need to have some money saved because most repairs must be paid out of pocket due to the poor cash flow.

A site visit showed they still had the 'free rent' sign out... a clear give-away.

Qualified applicants must meet many rules and restrictions and most do not qualify for the program, and can possibly qualify for up to $65,000 in home purchase assistance.

In addition, taxpayers must generally report all their income (regardless of where it was earned) in their state of residency and pay income tax.With both states taxing the source income, it would seem to give rise to double taxation.

Sometimes you must post CASH for the full amount plus 20% for all pertinent improvements.

AK's been an interesting place to look at, and may consider visiting...my road trips have only taken be through the lower 48, so #49 may be a good, future trip...for obvious reasons, I can't take a =road trip= to #50...unless I can get a dirt cheap surplus amphib vehicle!

@Peter HansonMan you just knocked this thing out of the park over the past few years.You must have a great network of agents and wholesalers to get this many solid deals!

Typically the home must be removed from MLS for 30 days prior to allowing a refinance in almost all conventional loan settings.The approach here is admirable.

I visit fairly often to see my family wanted to learn about the area and see if anyone wanted to meet up.

I'm guessing this is something else, especially new investors, must be wary of, as it seems it would be very difficult to get out of being in the HOA, despite never signing anything to it.