Plus can I not use that as leverage with the listing agent to select my deal since they will be making more money?

There was very extensive termite damage, which I still haven't properly fixed yet.

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Purchase price: $185,000 Cash invested: $10 Sale price: $186,500 The owner of a SFR who had moved out of the country wanted to sell his house that has received extensive flooding during hurricane Harvey.

While I don’t have any real estate experience, I do have extensive experience developing and leading all types of diverse teams, setting long-term goals and building systems and processes to achieve them.

Make sure that your lease is triple net and pushes repairs to the tenant.Be advised, they can require some extensive tenant improvements depending on what type of tenant you attract.

This is room in my personal home so wanting to be as selective as one can be.  

I don’t see any reason why they wouldn’t give you an extension of your loan.

Once you have these two figured out, you can go ahead with selecting a niche within either active or passive side of real estate investing. 

Locations with poor indicators will attract poor tenants and the quality of the tenant base is often more important than property you select itself.