You have to be careful for one more thing what will be appraisal value at the time of purchase and what will be appraisal value after 6 month.  

They knew they were in violation and did not care.

Wouldn't invite them in the house (just because that would be weird) but am happy to get rent on time via mailbox dropoff/in person at my house or carrier pigeon...as long as I'm not chasing them around and don't have to pester them for rent, who cares!?!? 

Plus my broker stated that since I am a healthcare worker she would use W-2 statement only to apply for the loan.

What are your lawn care costs or are the tenants responsible?

And you want to be careful about your intent when buying and selling to make sure you'll qualify.

Hi FolksI got my CA real estate agent license a couple of years ago & currently hang my license with a local broker. Going forward, I don't intend on being an active agent buying & selling homes, so my questio...

If you can withstand 20k into each unit, and 100% vacancy over 12 months roll up, knock yourself out, otherwise I'd tread carefully.

Again, not mandatory but seems to be more common as the concern increases about the health issues related to cesspools.Mark

You are in the position where I think I will excel once I have a handle on the business... having a variety of rehab project under my care and having teams working away on them.