If you go this route, be prepared to deal with the class of tenants that will come with it for the foreseeable future.

You will have to disclose the problem when you sell the house in the future, which can scare away buyers.

I'm barley starting out and just listening to the big pockets pod cast and I'm getting very inspired on getting my license for future references. please if anyone with good advice can help me I'll truly appreciate it .

I'd have stock pictures of the place while vacant in rent ready condition as that will do a lot to paint a picture for future tenants. 

If someone was thinking about buying a second home and keeping the first (living in one and both producing rental income), as a way to invest so there's money in the future for retirement, is it better to do a home equity loan, HELOC, or cash-out refi?  

Either way, expenses are too low.You need to learn how to estimate future expenses and rents.

I'm looking more for something where I can live at for very cheap or free, so I can save money for future investment.

With regards to the vandalism, I've already thought of using temporary security systems when a unit is vacant in the future (hopefully that puts me on the right track if I'm asked for an explanation). 

I am a complete newbie  so just looking to get familiar with the lingo and general concepts to help get some ideas on adding curb appeal in future flipsThanks in advance!

Here's my recommendations:When can your bank start using rental income from future properties to help me qualify for the loan?