This can be a lonely business when you're the one running it...

If it’s not penciling out doing it with professionals, this sounds like a deal you may not want to do. 

Purchase price: $25,000 Cash invested: $35,000 Another great rental with owner finance and private money loan What made you interested in investing in this type of deal?

I can't help with that.Regarding insurance, you will need a STR policy.

Then my current primary home will be rented out to balance the cash flow of this purchase for the next year or so.

Hi EveryoneMy Name is Jerry and this is my first post here on Bigger Pockets.

The initial effect on mortgage rates was a subtle increase in long term bond yields, however in comparison to earlier this summer residential and commercial mortgage rates are down considerably.For example commercial lenders were in the 7%++ range just a few months ago, and recently are as low as 5.5%-6% and falling.

Does anyone know of any meet ups in this area?

This is mostly correct.

This house was very nice and clean (build later 1980) My tenant recently claimed there is mold on 1fl (it is like basement as there is no window, it is next to garage) When i see, the mold is not only one area but it seems widely spread on the ground floor (laundry room, wall, celiling etc) Since it is OOO investment, it is not easy to deal with mold issue.