IRS rules require use non-recourse financing for any investments held in an IRA.  

Easy to take care as long as it's a spot issue, let it go too long it can make your tenants sick, expose you to liability and render your asset almost worthless.

It's definitely bigger than it was when my wife and I were up there for school in the late 90's, but it's still VERY easy to get around.  

Just keep track of the big ticket items and make sure to carry a bit more than you think something costs to fix.After having done a few flips, I don't really need to look at kitchens and baths, it is fairly easy to get a price figured out for one just by knowing the area and quality of the finished product.

The "75% rule" is essentially if your properties were not claimed on your tax returns (this is for conventional lending).  

.- future assumptions: 2% annual income growth, 5% PV growth, 2% expenses growth, 6% sale expensesBigger pockets tool sheet with above data:Cash flow: $916/monthCash on Cash ROI: 6.65%-7.57% depending on rehab costsPurchase cap rate: 7.15%I know this does not meet the 2% or 50% rule but it seems like a good investment for the area.  

It is an easy deal for us both. 

As you can imagine the low fee listing companies want easy buyers and to do volume to make any kind of return.    

In my experience - albeit in Connecticut, and not Washington - is that anything in the area of 1% "rule" makes it very difficult to see significant cash flow - AKA not enough money to make it worth it!

Hey guys, I been following Grant Cardone, read the "10X rule" "Be obsessed or be average " etc but I feel like the Grant's message is a bit contradictory to what our BP contributors are suggesting(start small and work your way up).