THEN, after showing you the specific house of interest, I explain that while I understand your position regarding exclusive contracts, if we are going to continue working together I'd like a contract. then I tell you that a contract CAN easily stipulate that I am your agent with regards to the property at 123 Main St Nowhereville, MA or if there are multiple properties and we are feeling each other out as to suitability for working together then we can go with a 24 hour exclusive contract.  

With that comes a lot of risk of vacancy though, and to your point, it may get a bit expensive to convert the property into a suitable room-rental.

The single review that they reference is from a year ago, from a guest who commented that our place was 'super cute, but not suitable for children'.

I was hoping you could share some additional insights on how you determined Atlanta, Dallas, Charlotte, Kansas City, and Nashville as suitable rental markets.

That said, not all dirt is equal or suitable for a given application (e.g., very porous soil, while capable of changing the topography, may drain too fast to direct water away as you desire).

Finding an affordable one will be a challenge but so is finding a suitable SFH for 350k.  

When you have looked at several deals, listings for suitability,  maybe have a real estate person proofread your numbers or a local club contact, you will be in a better place.

i work for an appraisal company and almost every home owner, investor, etc are not well informed that they can request a reconsideration of value by providing suitable comps to the appraiser. youre not supposed to speak about the appraisal to the appraiser directly so this is also a solid reason to find a good loan officer!

Plus, when you're in the lower grade areas, they get double the ground to rob you since you don't know any better and it isn't like you can personally inspect the unit.Let's not forget the judgment proof wrecking ball tenants that completely disregard no pet rules and jam in more people than the unit is suitable for without getting them on the lease.This all goes to say that it is best to use extraordinary diligence in buying the property beyond the fact that it is just a low price deal.

@James Murphey thanks for the advice@Chris Martin I agree with your view of multiple streams of income but I feel like having the roths maxed out is suitable to have enough skin in the stock market to generate wealth in the long run.