Keep and maintain a maintenance schedule. 3.

Your inspector probably told you they are "end of life", but the reality is that they could very well keep on kicking for 10-15 more years if you maintain them well.

The tenant will refuse to report maintenance because they don't want to pay the $60 deductible.As a Landlord, you are legally and morally responsible for maintaining the home.

@Mehgan MooreI'd probably pull as much out as I could with still maintaining a solid $200/mo or so cashflow.

Avoiding pitfalls: Find a niche that you suites both your skill set and your mindset.With our strong diy renovation skills, we look for value add properties that have been decently maintained but need updating, and where we can still get a good deal.

The good thing about being an agent is that if you maintain a relationship with the buyer, you can possibly list their property when they rehab and rent/sell it.

I think if you're going to be in a partnership in REI it takes character and humility to work effectively with other people, just like any other relationship.With that being said I am branching out to take down some deals on my own, but I also maintain my relationship with the investment group and do deals with them.

So after a year and being able to move out would you then recommend to move out and maintain the same FHA loan or to try for a refinance into a conventional in order to lower expenses even more?

I learned how to maintain it properly.

Lets say a tenant gets stung by a bee while maintaining the garden, could I be held liable?