who pays for utilities,, if electric is separate,, let the tenant pay the cost of the stove..More units have electric stoves than gas in just about every apartment complex. because gas lines cost more to install and tenant usually always pays electric. 

In our state the EMD is usually small 1-2% then there are contingencies with the agreement.

I am having a little harder time finding the lower end properties I usually invest in but that is mostly because I have been tightening up my personal requirements and ratios.

Nothing to do with the purchasing of real estate, obviously, but to help yourself out in the beginning and also as a potential alternative means of saving/making some extra money long-term?

Having several small to mid-sized banks located in the geographical area of your properties is usually what most investors have at that level.  

There usually isn't a ballpark figure as every house is different.

And it's usually only viable either in the first 7 days of the listing or after it's gone stale.

Real Estate Agents will usually not show you properties with out a pre qual letter.Rates dropped this past week and look good whether you are going FHA or Conventional whether you are considering a 1-4 Unit owner occupied.Based on your pre-qual you can hone in on neighborhoods you can afford and identify properties.Let me know if you have any questions.Regards,Joe Scorese

Closed in October 2013 at $152,000Over the next few years, I made some additions and repairs (new bedroom, bathroom, and extra kitchen in the basement), and now got two housemates - completely covered my mortgage payments.2015 rolls around and I start studying real estate a little bit more.

I'm curious if most investors here still have a day job and just invest with extra money versus being involved with real estate full time?