In the area I am in ( 40 mins to Boston) and this allowance is enough to support my family.

In the area I am in ( 40 mins to Boston) and this allowance is enough to support my family.

I haven't looked into the numbers for those specific units, but whenever I would look at condos in the past, the HOA tended to eat up would be cash flow, especially when buying only 1 unit. 

In CA in the past people with a college degree can start as a broker.

We have done this in the past so we have some experience on the process.

The longer the better of course but there are all sorts of things that can go into demonstrating your intent including actual rental, current practice, past history, correspondence with your team etc.

I have, however, had two deals in the past six months where I had everything set to go but backed out of.

i'm looking for the forum's advice on the most efficient/effective way of weeding out properties. i'll be living in the property for at least a year. while i live there, i'll be living in it (so property can't be a complete rehab), fixing or improving the property, and then either flipping or renting out the property. i've looked at about 18 properties the past 3 weekends (i just started 3 weeks ago). the 18 properties were chosen based on 2 broad criteria: 1) based on pictures, description, and google street view, choose properties close to the metra (in illinois), in a location with a great high school (>=8 score), and in nice(r) neighborhood.2) look at zillow for an idea on property values in the neighborhood so that i'm not buying one of the most expensive houses in the neighborhood. if i feel the house i'm looking at is somewhat undervalued because it needs work and there's some room for me to flip, then house passes.this criteria has helped me weed out 100's of properties, but takes me a bit of time.i'm curious, is this a good start or are there other ways that the full time/professional investors use?

I am looking to get min $100 per unit for my first deal, Chris.

Then on the 15th you can serve them with the 30 day notice from your lawyer (I would use a lawyer from this point on myself).I mentioned I have one tenant that always goes to the 13-14th each month, but rarely goes past that now because of the late fee I charge.