You can always call your lender and double-check that you'll be fine, and then talk to your insurance company and see if any adjustments need to be made.

This means for six months, the amount you can refinance the home for automatically defaults to the purchase price, in my case $79,500.

Run your own numbers, adjust after seeing the property in person, adjust again after inspection and always tread cautiously.In terms of what people are seeing that depends entirely on the submarket.

My chosen course of action: I will let the lease automatically convert to month to month with a required 30 days written notice required from either the landlord or tenants if either wishes to not renew.

I hope this will allow me to lower my rents to adjust to any economic condition and have a niche market (not a lot of 4-5 bedroom houses in my investing area).

Sale prices continue to drop in my area, but I've just adjusted my offer prices correspondingly, and have also leveraged the relationships we've built with REO agents.In terms of ROI, it's all over the map, due to several differences among my projects:- Some are financed and some are cash;- Some are quick turn (essentially wholesale deals) and some are held for 3-5 months (major rehabs).

As long as you don’t study under water basket weaving you should be fine.Finally, I’d recommend adjusting your thinking.

Forget that they can't pay the mortgage.Along the same line more felons are minorities so by blanketing felons you are automatically including minorities which are a protected class.Of course when there is a crime against another tenant we get sued because we knowingly rented to a convict.

I plan to make some changes to one in particular once we settle on the logo and work the adjustment from there.

Perhaps @Ian Ippolito, but 7-9% returns sound like the definition of horrible risk-adjusted bets to me.