When a tenant is on a month-to-month lease, depending on the state, the seller would have to give them 30+ day's notice to vacate the property.

I am concerned if tenant vacates (who is original tenant for last 6 years ever since i bought this property hoping she will extend lease which is coming up in 4 months from now) it will be bit hard to take care of mortgage for many months from money from my pocket.

I vacation when and where I desire (I am on my third vacation since the start of Sept).However, high LTV local investors that have purchased in the last couple of years without large reserves or income large enough to cover the negative cash flow are hurting.  

Im a first time homebuyer, i been 1099 for 10yrs now, total monthly expenses $1500 , no debt, bring in $5k a month, experian credit score 745, looking to borrow no more than $200k maybe less, ideally $15k down payment...

@Briley Roe build a short term vacation rental acting as co project manager.

Does anyone here have any experience, either as a borrower or a lender, in a HELOC on an NYC Co-Op? This is as an individual shareholder, not the Co-Op entity or sponsor. We are in the process of opening a LOC on our ...

Because you could simply find a great vacation property manager, and pay them a commission to run the property - so why go with some schmuck that crawls off Zillow?

.: @Jason Wray  I'm currently in Ohio, it's a lot of duplex homes in the northeast area, but I'm not sure to tell if it's a good deal.

While mobile homes and land might seem like an affordable entry point, they rarely build lasting wealth the way traditional homes do.

A cash-out refi could fund your next property, but only if your current home can cash flow once rented.