For example, in Saint John, NB, the taxes will reset at 1% of the transaction value.Property management - 10% of gross rents (even if self-managed, your time has to be valued)CAPEX - 5% gross rentsOPEX - 5% gross rentsSnow/Lawn (who's responsible) Bookkeeping/Legal/Accounting I would not buy on the fear of missing out, investors should be disciplined, you do not have to swing at every ball thrown.

If they are smart and disciplined, the put aside the savings and come back a year or two later with a large down payment on their next investment property. 

If you are disciplined and waiting for a deal like that... then I would do the deal.

At the move out date it took all my self discipline not to be sitting in the parking lot with a bowl of popcorn and a beer.

It takes hard work and discipline, and some sacrifice to save money and these skills are very important for a Real Estate Investor. 

Agree with @Todd Dexheimer, unless you force yourself to be disciplined enough to analyze the deal on a stand along basis you risk making it work by not including the rent that you could expect from the unit that you will live in.

At the end of the day, I want to buy as much as I can but I need to be smart, strategic and disciplined about it - I won't have another chance after this.I believe I would like to stay between bozeman and helena with my investments because I know the area, but I would sure enter missoula if I found the right value.  

Its more challenging to get answers to questions and you have to be real disciplined to complete the online version in a reasonable amount of time.Choice of broker is key.  

I have a degree in one the above mentioned but it did nothing for my investing in real estate.The other disciplines aren't worth the time, expense and wasted effort.

Wish wwould have been more frugal & taken little less risk & been little more consistently disciplined along the way.