SF 3/1 1400 sq ft - minimal repairs rents for $850Curious if it makes any difference in terms of renting it out.Thanks for the feedback.Kevin

Buy it, manage it, and keep it repaired.

It doesn't sounds like that's your plan, but it looks like you're planning on 5% down at 4.5% and $0 for initial repair and improvement, which sounds a lot like and FHA or 203K loan to me.

I wish you better days ahead, a return to joy in your life and much success with this next endeavor!

As part of our mission to serve you, we provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy."

(Whereas the current Report shows you being out of pocket $28,020.00).At first glance, your numbers seem a bit low for vacancy allowance and repairs.

They will do the same purchase criteria you laid out above (or may even be willing to finance the repairs for you), and then will refinance for you when the time comes.

We did spend another $5,000 on flooring and misc repairs.

Of course I would be looking at properties and borrowers on the actual loan if I went ahead but I haven't got that far yet.

They didn’t make all the repairs agreed on in the  contract and the ones the did were...shoddy to say it nicely.