Acquired for just $80,000, with $32,500 in targeted renovations, this property has been fully repositioned and now boasts a market value of $245,000.Not only did this deal generate significant equity on the back end, it also delivers strong monthly performance—with $1,850 in gross monthly income.What made you interested in investing in this type of deal?

If not, I’d start by calling your mortgage lender to ask about repaying the grant and how that would affect your property’s status.

Do I need to get a Baltimore City Use & Occupancy Permit if the property stays vacant?

@Mason OsborneAn agent and a PMC should work together to find you great rental properties!

Quote from @Bruce Lynn: In Texas from what I understand if you are over 65 or disabled you can defer property taxes in certain circumstances.Will most or some mortgage companies allow this?

Your 1st mistake is broadcasting that you are the property owner. 

I overpaid for the property ($90k) and have spent more than I care to mention on the architect, permitting, PERC test, and miscellaneous fees...

But certainly as time goes on and I have more property, then old excel spreadsheet might not be the best and additional tools may be necessary.Hoping that I don't put too much pressure on myself in owning too many properties too quickly. 

EdwardsThat sounds like a solid opportunity to build instant equity—acquiring a $175K property for just $45K (plus closing costs) could be a strong first move.

Hello @Moe Collins,The type of property you buy should align with your financial goals.