With FHA loans you might become ineligable by moving out and not continuing to maintain the property.

Keep putting money aside while you're looking for your first deal and continue to build your reserves.

See if it makes sense to continue this bid.

This is the best place to connect, share and continue learning.

I put an electric "stove" style fire in an old coal fireplace in one of my first rentals, partly to ensure that the tenants didn't try to light a fire there

According to our last AZREI meeting, their crazy extensive data shows that we have had and continue to have the highest and fastest growth, appreciation and rent rates in the nation - stable for years.

Sometimes you just need to move on and try to work with someone more compatible with your style.

Would you offer to cover his debt service with the Master Lease, and rely on him to continue paying the mortgage?

I just don't want to continue to deal with silly wastes of time and would rather find a tenant who isn't going to be a constant hassle all the time.

As you continue to work those prospects you move them deeper and deeper into the funnel.