The rent comes in, I pay the payment and leave the rest in the account to build up for payment coverage, those future repairs, and the day when one of the other tenants decides to retire! 

Hey guys - I'm hoping someone can shed some light on this situation we are in.  I

whatever market you decide to begin investing in, I would encourage you to visit with at least two property managers in the area.

Luckly, i used FHA to purchase my 1st home since i knew i needed a home to live in. I

I'm in the same boat ready to learn and kind of Dnt want to go in at it alone but I'm jumping in. I

The $100,000 rehab cost includes all permitting, inspections, etc.All in, I am estimating gross profit (pre-tax) of $35,000 - $40,000.Let me know your thoughts folks! 

Anything else a newbie might need to consider.I'm getting ready to jump in. I

I am always looking to expand my buyers list, so if you are looking for deals message me and I will inform you as new deals come in.   I

I like to look at census and job growth data and see how or if the area I'm looking to invest in is growing.  

I just had a property turn over and followed this procedure for the showings:I advertise the property and handle all calls, emails, texts on it and set up viewing appointments (I group them all within 30-45 minutes on one day)The current tenants show the property to prospective rentersWhen someone applies, they email or fax in the application and pay the application fee via PayPal (although I am now trying out Cozy for applications) and I process the applicationIf the application passes, I prepare and email over the lease for signatureWhen the lease is signed and sent back to me, I send over a payment request for the first month's rent (via Dwolla or Cozy)At the check-in, I drive to the property to check them in myself and collect the security deposit in secured funds (or use Cozy to collect it beforehand)I have been doing the above for a long time and it has worked pretty well.