I understand that on a resell level and i probably should have read the description a little better since it does say "Investor", But my main goal is to buy a place at a great price that i can have paid off before i retire.
I just want a place to call home and settle down at the cheapest price i can get and that i can pay off before i retire so when i do retire i am still not making mortgage payments.
As long as i am able to move in and live in the house with the bones and mechanics in great working order i am ok with having to deal with updates and cosmetic fixes over time. Not every house in this price range is a totally gut job or dump, Its just harder to find now.
Rent eats up so much of my pay and i want that back in my pocket not my landlords.
I totally understand that owning a house comes at a price, that something major may happen and can be costly repairs and not to mention taxes and just basic upkeep on the house but that money is still for me and not someone allowing me to live in their place and continues to raise the rent every year for their "cost of living" increase as i was told! So as i get a raise at work that goes straight to my landlord. So i basically never really see my raise from work.
My mortgage payment would be cheaper then what my rent is now. It allows my raises from my work to stay with me and use towards updates and fixes on MY home.
Hopefully i can reach my goal, but i know as each day passes the prices increase and reduce my chances.