Newton (and others) came up with some very simple equations that explained how the world worked -- later coined "classical mechanics."

Purchase Price -   $239,000Gross Potential Income-  $48,672Vacancy & Collections 15% - 7,301 Net Income - $41, 371Expenses have been a bear to get out of the seller, but VERY conservatively i have operating expenses at 48% ( Property Management, Utilities, Taxes, Insurance, Eviction costs, accounting  and legal, repair)This is a classic  value add and re-position, rents are at $500 and should be $700.  

It's the classic "neither party trusts the other" scenario in signing the document versus receiving the funds that the escrow company satisfies.  

You could also read the classic "Rich Dad, Poor Dad" by Robert Kiyosaki and some of the books published by experts right here on BP in the area of interest that you resonate with.I hope this helps with your starting point.

I once pulled up a person that was a on a site for classic cars that posted a request for parts along with his phone number.

Are there any classic must listen to episodes you recommend?

The classic plan if you intend to pull out of the market temporarily is to drop the price by a significant percentage when you re-market at a later date. 

Classic

Classic.

I'm a classical musician and part-time landlord in Cincinnati, coming up on 2 years of home ownership and managing my triplex.