@Tom Waddell brings a good point about using self directed Solo 401k!

I own and rent out a SFR that brings in brings in $300 after utilities and mortgage/taxes/insurance.

If you haven't seen, we are getting a lot of national press and this is bringing the "gurus" to town and creating a mess in the industry for us as we now have tons of wannabees running around trying to be investors.

And @Steve K pointed out that the government is now taxes the importation of building materials whereas a year ago they were allowing tax free as an initiative to bring wealthy investors back to the bahamas.

There is talk of significant new oil and gas development that I'm guessing is bringing in more investors, but we hope to figure out our niche.We are trying to figure out exactly what we want to pursue and in the meanwhile just looking for great deals and learning about what's out there.

Lots of low cash offers on MLS deals or are you in direct mail or wholesalers bringing them to you?

Pros = Lots of college students, always able to find renters, may bring in higher rent.Cons = Lots of college students, will have constant turn over, could cause more damage and be disruptive.

You will have to bring some cash to the table, but why do you want to continue paying insurance, property tax and mortgage on a property that isn't being used for anything?

Both my husband and I work and both bring in income but I am crunching my numbers and doing this solely on my income/debts alone- this way I am assured that I can afford this.

Having just finished last week, you're supposed to be bringing me better news!