Hello BP members, as the title says I am headed out to Lubbock in a couple weeks to learn the area and begin the process of investing OOS.

Reduced security deposit of no more than 50% of a month's rent.I see the writing on the wall and am already heading this direction.

If the area truly is heading down hill then that is an acceptable reason to unload. 

Be great to meet or we can head to a meet-up together.

Hi everyone, I posted we are under contract in Gatlinburg, and found out yesterday our appraisal came in under offer so we may need to head back down for a second hunt.

This strategy - even if you can't get your head around anything else - allows you to keep your checking account working for you by continuously putting all your funds toward your mortgage, but still be able to pay your bills.Anyway, in the end for 2019 I was able to put an extra $12K on my mortgage (this is additional equity, btw, so I look at it like a savings acct.) and save a little over $19K in interest.

The outcome was that upon cash-out refi, I was able to get ALL of my money back out, plus a substantial PROFIT.

The outcome was that upon cash-out refi, I was able to get ALL of my money back out, plus a substantial PROFIT.

I have a contract that I just looked over, and I'm going to have to spend a little time wrapping my head around it. 

Now I dont know what you could rent that for, but off the top of my head, I know that with a 20% deposit, that property wont cash flow, and I can find way better investments with my 20% deposit money.