That could be a costly game to play, I know, because it personally cost me $2,000,000…once in the 80’s and once again in the 90’s.I have bounced back from that experience 10 times and am far stronger and smarter because of it.As an Investor, homeowner, first time investor or company owner, how can we win and get the highest level of return possible?

@Heather Rudy Well your capital requirements on a normal owner occupant loan are likely going to be much lower than hard money.

You MUST de-lead the property if there is such a child occupying the unit.And here are the applicable Fair Housing laws in MA. http://www.mass.gov/ocabr/licensee/dpl-boards/re/c...Don't forget that while there are 7 protected classes at the federal level, there are 15 at the state level.You do NOT want to be at the wrong end of a discrimination claim.

You make up the cost of rehabs by buying lower, you don't usually get to ask much higher (especially on capital expenditures like a roof)

Your payment will be lower which will help with DTI for other future property investments.

When asked what happens if some parts of the work come it at a lower cost, he said that would be his profit and if it's higher, it would be his risk.

We are trying to stay out of the war zones and in the up and coming to mid level areas.

I don't know that it's really all that onerous on landlords, just requires a bit more creativity and possibly risk tolerance to set the required credit score or income level higher. 

The downfall to that is that we spent too much on higher end finishes when we could have gotten away with lower cost items.

After getting my first few properties, I will likely go out of state (pending experience, comfort level etc).