I made the same mistake with my first purchase 12 years ago when I bought a duplex in a C/D Philadelphia neighborhood. 

I work for a property management company, so I get to see a lot of rookie mistakes from the outside looking in.

If you put a corporate accounting to eliminate standalone accounting such as QB and Xero.

There are forms and templates and all sorts of things that when used will make you into a well-polished 'litigant'.Of course, a competent real estate attorney can accomplish the same thing for 5x-10x more than the cost of the course, in exchange for peace of mind that you'll get what you're looking for without the prospect of making a mistake or not knowing what you're doing.

Managing on your own may save you a little money, but I believe it's more likely to cost you a lot of money when you make mistakes.

I have an opportunity to raise capital with a private individual at a flat interest-only rate as a way to reduce interest charges and eliminate origination and service fees.

And some months they go up, as your expenses do.Please don't make the mistake I made in one of my units.

If you are going to be doing more than just the one deal you are currently looking at, you will gain a lot by learning from the experience and mistakes of other investors.  

There’s simply no room for mistakes that can be easily avoided.Did this article help you?

But, once I was able to eliminate the non sense and the outdated, and work my way thru the pointless, I was left with excellent strategies and techniques most investors don’t know about and even less utilize.