I've also gained invaluable experience in DIY repair and improvement regarding everything from basic cosmetics like painting and changing light fixtures to completely redoing the old caste-iron plumbing on the property.Despite the increased cashflow, my family has had some unexpected medical costs that set back my savings goals for the next investment.

Second reason would be to keep active installment credit for her so that later on she has a healthy credit profile when she does have income for any future purchases.

I invest in exclusively singlewides at the moment, but we buy the land cash and then use a construction loan to install brand new ones.

...If you get more favorable loan terms, such that your cost in loan fees is repaid (by smaller loan installment payments) in the time duration for which you intend to stick with this loan, then the answer is yes.

We replaced all the doors throughout the house with 6 panel molded prehung doors for about $35 a door plus install (The install costs less than the several layers of paint and primer that would have been needed to repaint those old doors.2.

Make sure you install a water shut-off valve, just in case your pipe crack, you don't need to turn off the water to the whole house.

I'm having rain gutters installed.

My tenant called, and they want to pay to install a tornado shelter (this is the kind that goes in the garage floor; only takes a couple of hours and costs around $2500).

She would like to get that going but the company that she wanted to go with isn't able to install for another year or so.

I spent many summers - taking down wallpaper, painting, putting in installation and drywall - never really knowing I was learning along the way.