@Celena LathropThat train of thought still runs inside me but I believe I need to keep on increasing my credit score, pay off as much debt as I can before I am able to make that type of purchase right?

@Baxter WilsonAttended ReTrainers 2-day exam crash course last weekend and passed my exam this past Tuesday on the 29th.What you'll receive in the 2 day training and with so much info it will be very beneficial.Google "Retrainers" as a keyword and their website will have all the detailed information you seek..Good luck...

You can easily pour $10,000 into a renovation that will only increase the sale price of a home by $4,000.

Buying a rental, even a turn-key, increases your income.

Somehow, my cousin is convinced that if something worse were to happen to his parents (they are 90 and 88 yrs old with increasingly challenging health issues), and they would to be cared for in a nursing home, that the state of NJ would step in and claim all the assets to "pay" for their care.  

There's always ways to increase response and conversions, but remember 20/80 rule.

So, potential buyers would have to seek you out.When factoring the cost of the prelicensing course, background check, exam fee, REALTOR Dues and MLSFees my initial expense was ~$1500.

When you say that refinancing limits your ability to write off interest, do you mean that you won't be able to write off the additional interest increases or do you mean that it will also hinder the previous amounts as well?

I would definitely increase the rents to where they make sense for the deal immediately, but keep them month to month just in case they are nightmare tenants.

This allows us to invest more money and increase our wealth.