Will monthly rent cover all expenses and provide additional funds to set aside for reserves?

Welcome to BP @Cory M.Your approach to starting with a single-family or duplex and gradually scaling up is sound, and focusing on cash flow and maintaining reserves is a prudent strategy.

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

Look at thrift stores and second hand items for some thing-get sturdy things in good condition. 

Most people who ask this type of question when they are new forget that you need a minimum of 15k reserves on any property.If you just boil down BRRRR, you can't do it without money because it's not a flip, it's a rent/refinance so you need money for a downpayment and money for the rehab.

This is the perfect example.We have been using the leses and other froms from WLB for over a decade and I have seen them getting updated over the years, so I somtimes throw out a package of forms and order new ones to be up to date, but they are so inexpensive, its a no brainer.WLB has a store downtown Milwaukee worth visiting: they have all sorts of landlord supplies you did not even know you needed from print all the way to parking signs and traffic cones.

Orginially I was evaluating deals and account for tithes, but after expenses, debt service, and reserves.

Just buy a third property when you have the downpayment and reserves set aside.

@Jon Martin You are right , if you don t know how to market a property and get direct reservations you should not attempt to co-host or triple net lease a property.You fail to mention that leases on a property can be as long as 30 years.Long leases are a way to give both property owners and management companies favorable terMs.