@Olivia Cannizzobuying a primary residence is a very personal decision, and I normally try not to advise on itbut - buying is expensive, in that you can pay significant closing costs on top of the down paymentso... to buy something to live in for 9 months, and then be negative if it's a rental... and now your 20% is stuck in it and not available for when you movedoesn't make a lot of sense to me unless i am missing something.if you move, you could house hack in the new place with a much lower down payment loan... and that frees up a ton of cash for other things. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

Furthermore there will be a "non compete" clause to prevent the apartment from adding additional in unit connections.

However, promoting a $35,000 West Side Home in a disposition effort has proven challenging as:-Access is restricted until final walk through before closing-A non refundable deposit is required (required by dispo company)-Only pics of the outside of the home-Home will be vacant at closingThe home looks decent from the outside & allocating for a full rehab on an 850 SqFt SFH, home est. retail value after reno around 150kLooking for thoughts of other investors & or realtors on this one as I thought this one would fly off the marketplace....  

Anyway, if it’s murkier than that, and there are circumstances that trigger some sort of non-compliance zoning/code issues, then you’re at whatever the hell process they say, and you better follow it through, cuz they have the law on their side if that’s the case. 

You'd probably have to figure out how much of a down payment you'd like to receive upfront, how many years you'd like to spread out the loan, interest rate and payment amount. 

Even if interest rates become outlandish, if the buyer uses lending to buy, he has a much higher payment, which he may not even be able to afford.

most people love the south Florida  area most investors and realtors always recommend jax , mia , tampa. any other smaller non saturated markets?

Closing Statement: - [ ] Purchase Price - [ ] Down Payment - [ ] Closing Costs - [ ] Total Due - [ ] Payment Method6.

You should definitely review their payment history, maintenance, lease violations, etc.3.