You're still gaining equity and can turn it into a rental later and use the money to buy more rentals.Hi @Jack B, this is an interesting point you make RE purchasing a home first before investing in a rental property.

It always hits me when I go back country camping and watch the sun rise while enjoying a coffee - everything I really need fits in my backpack (including a micro coffe maker)!

Investing off the MLS is generally not a money maker. 

How do you power wash indoors. 

Originally posted by @Mike Dymski:The irony in these laws is that they make renting more costly for both the owner AND the renter.Oh yes.

That’s why it’s so important that town decision-makers address at a macro level and actually lead  That’s my mini-rant  was reading more about Asheville this evening  you all chose a beautiful place  

Read their SEC docs for more details on their specific underwriting or talk to one of their loan officers and schedule a meeting with their decision makers. https://www5.fdic.gov/idasp/advSearchLanding.asp and fill in county and state.

We are looking mainly for tenant occupied homes or homes that may need minor rehab like pain, flooring, new doors etc to make rent ready.

With high house prices and rising interest rates it is much harder to find the great money makers that were available a few years back.