new to rental property but i don't think I'm doing to bad

[Adam Coleman]

I bought my first lot for 7000 and put a mobile home on it.  I've got around 20000 locked up on my first property.  its free and clear.  i purchased my second property, a house for $6000   ill have around 23000 and ill owe about 10000 on it.  i just closed a deal on my third property through a freddie mac foreclosure for 6800.  i think i can fit a mobile home on the lot as well and I'm looking at turning the garage into a single bedroom apartment.