. :-)I'm really enjoying BP and hope to start participating in the forums now that I've created an account.I'm a "professional" amateur, meaning I've been doing just a little real estate on the side since 1990, sometimes for flips, sometimes for short-to-mid-term rentals, always with an eye on appreciation in my own residence as well.

Would look more closely at Ohio and Indiana.Atlanta, Chicago and Florida is on my final list.would appreciate more inputs from residents of those states mentioned.Thanks

We then sent out letters to the residents informing them of the change and who to make the rental checks payable too and how to pay their rent.

Before I bought my first house (primary residence), I knew next to nothing about renovations and improvements.

This is ok to maintain history as long as you originally set up the LLC right by not using your home address or yourself as the resident agent.

How can anyone tell you if you can / can't sell your primary residence?

I would also be interested in purchasing other investment properties but starting with the homestead would be a good start.I have found some great programs for resident physicians who have secured residency positions but I am about 7 months away from being in this position.

House across the street from my personal residence is on sale and I can get a heck of a deal on it, I'm thinking about buying it and either sitting on it for a while until the market improves a bit around here or possibly rent it to a company that brings a lot of executives to our town, mostly on a temporary 12-24 months basis.

I'll lay it all out there in the hope that some folks might have some useful insights or advice.I've been an "amateur" investor for most of my adult life, typically only having one or two rentals, with one unit being part of a duplex that I resided in.

Can someone explain what ratio(s) the banks are looking for when underwriting a loan on a condo (i.e. number of rentals vs. primary residences)?