If you have not as much experience do some research on ETF's , low cost and easy to maintain.

If the septic is in good shape and is maintained well it can reduce utility cost dramatically for renters/OO's alike. 

That was 2014, house will easily sell now for $150K, thats 14% per year appreciation plus it PROFITS $800/mo in cash initially now its $1000/moI do NOTHING to maintain this property because its filled with families, who make good money.

The bank only maintains records for 6 years.  

One of the big items is that you'll need to get a lead certificate but otherwise it's not too bad as long as you maintain your properties.Also as you noted, the tenant pool in most areas Woonsocket can be "challenging".

I normally chat with attorneys about how to structure a client's contract to maintain liability protection while maximizing tax efficiency.  

We DO want to flip when the opportunity presents itself (to increase capital) but our main goal right now is to acquire about 50 units that cashflow at least $800/month so that we can maintain our current lifestyles while solely focusing on REI.  

Hi @Brian Pleshek,ResidentScore is similar to a credit score in that it is based on the credit report and is scored on a similar range as a typical credit score: 350-850 (meaning you can maintain your 640 cut-off).

If you do get pension money, it's usually invested indirectly via a JV Equity partner that is in the business of raising pension money and investing that equity in the funds of real estate operators, or as a co-invest alongside those operators.I did, however, recently have an interesting question posed by a lender regarding SDIRAs. 

Plus the small cabins are so much easier to maintain since it’s mostly couples coming in and out.