However I would like to minimize my risk as much as I could.

It also minimizes a lot of maintenance going forward.

I would take others investors sign on monday afternoon if they were still out, wipe the permanent marker off with rubbing alcohol or cheap colon and write my own words on it.

Not as thrilled with offer number 2.I have made two offers when I was lowballing the cash offer due to minimal funds.

The property cash flowed from day one about $3-400/mo after all payments including reserves My experience is that you can do creative (great ) deals with your local lender IF: you maintain some level of relation ship with them and you have a minimal seasoning like done a couple of deals etc.....

I believe 900/month is an attainable market rent, but would obviously like to minimize turnover since that will be worth far more than the extra 25/month.I'm considering countering with 875/month if they'll sign 2-years.

It will train you to minimize your lifestyle and learn to save.

But other than the new furnace other costs will be minimal.

We had an amazing broker who waived all fees and we received amazing credits because of the employer I work for, so our closing costs/fees were minimal around $3k and that included the 3.5% FHA down paymentYes, those are the comps.

-Quick startup, immediate cash flow On the negative side, cash flow is minimal and close to break even in my view.