I would then look for a reputable property management company or I know some condo complexes even offer to help with renting your place out and cleaning up after guests leave.

It makes it less likely for you to leave a deal and force the lender to liquidate the property.  

Hello everyone,I'm considering leaving my company and going independent as a Financial Advisor.

I get the feeling from your second post that your should first see what you can afford with a 20% - 30% down payment to start your building/ loan sizing and see where that leaves you relative to the local market.

There's a lot of ways to skin s cat with the virtual stuff.  

A open statement like that from a realtor would leave me wondering who they are working for, since contingencies are there to protect me.

To be able to go to my niece's baby shower in California but can't because I'm out of leave.

I'll be honest with you, do not know if I quite understand @Brent Coombsand @Patrick Lisa So what you are saying is take 25% (7500) and put down on a 30k house and 25k into the house 32500 leaving 20k available to pay off remodel from previous home.

I could put 20% down but will leave little to no room for improvements/work that needs to be done.My questions is, can I put 5% down  on a fannie loan, use my remaining cash to upgrade/rehab the property and refinance in 1-2 years for an increased value, ideally 20% higher and then eliminate PMI based on the new higher assessed value?

If you add in the two to three million loan modifications that were performed where the banks only reduced the interest rate for a fixed period of time (that are now starting to default), that leaves you with around eight to ten million deals to tap into.