The taxes should be pro-rated to the day of closing or if you are not pro-rating you should at least know what that amount is as it will reduce your potential future profit. 

The 203k is a perfect vehicle to help you start your investment portfolio- some great benefits include: - ability to use future rent as a qualifier in your debt to income ratios- ability to finance up to 6 mortgage payments if your home is deemed uninhabitable These are two really good provisions that can help investors (House hackers) to get started! 

As I'm learning from a lot of sources, I started looking in my area (Quebec, Canada) for future properties to invest in.

It's your opportunity to verify the conditions and terms of tenancy so that you don't have disagreements in the future.

Solid plank vinyl or good quality laminate (in non-moisture environments) is excellent and lasts far longer than carpet, and is able to be repaired.We find that most tenants appreciate the hypo-allergenic properties of a non-carpeted environment.Just a thought for the future...

Future considerations are, in the event the meters should go bad and get changed out, the repairs are held to 1 location on the property.

I own real este in Puerto Rico, and although I want to invest in the States in the near future, I am looking for another property to buy now.

@Katie Lepore I am mainly looking for purchase agreements, but also looking for lease agreements and other documents in the future. 

Keep it up - Looking forward to future diaries :-))

I am planning two more properties in the near future.