Lawrence I think you are saying 150.00, or $15 month is that correct.

There are other fringe benefit issues that may make sense, but in that case, one may want to look into forming a 'service' LLC that's the correct S-Corp and have it contract with a holdings LLC taxed as a sole-prop or partnership.

Scott is located in suburban Georgia (someone feel free to correct me if I am wrong on that) so his estimates on various things may not be applicable to your particular market.  

Typos are curtesy of auto-correct.

Hi Jesse,You're correct that the 2% rule is not realistic in the St Pete market in good neighborhoods.I'd be happy to help with 2 of your 4 needs (investor friendly agent and property manager)...let me know if you have any questions or I can help in any way.Good luck!

Correct?

I think we have 2-5 years before we see another correction in some markets, and I certainly don't think it will be a blood bath like in 2008.

@Jason Powell is correct, I did podcast #145.If you have any questions, feel free to ask them on the podcast page and I'll answer :)PS - I grew up in Denver, CO and my family still lives there

Purchase price was $122,500, financed $118,000 at 3.75% the town assess the property at $162,000, it was appraised at $124,000 due to deferred maintenance which I plan to correct within 4 months of ownership. 

Now that I think of it, another limiting factor to this would be the veterans DTI, correct?