At the age of 19 I'm finally putting what I've learned to use.

Finally, since CAP rate is used to compare cash flows - properties which are valued based upon the income they produce - it is not really a useful metric for residential real estate which is valued based upon comparative sales.Cash on Cash is a related ratio which takes into account leverage.  

The tenant was in my unit for 7 months and it cost about 10 k to finally evict.

And finally, any tips, tricks, opinions, or any comments about this would be incredibly appreciated. 

This house in particular had a massive termite problem that I failed to find on inspection (wouldn't of changed my opinion on buying the property anyways, just gave me a whole lot more work then I had hoped for).Glad to finally be done with this one and I am excited to start on the new one that I closed on a few weeks ago.

And finally, in living in the this same community, i have recently learned that an empty lot across the street from the condo is becoming a 5-star hotel equipped with multiple restaurants.  

Excited to finally post something!

Excited to finally post something!

Yeah the reason I asked that question is because I may be out the house a lot when I do finally get the duplex.

I finally have my systems in place and would like to acquire 6-8 more properties this year, but this is putting a hitch in the plan.