Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

We are closing on our first rental next week and have been looking for a CPA to help with the tax filing.  

I have 2 girls and just found out this week we are expecting another one.

Actually, it scares me a bit that you say the property is currently only being used about three weeks per year. 

Three weeks before the closing date, the wholesaler notified me that the house was going through probate and that we could not close until the first week of December.

About 2 weeks ago, she contacted us with similar issues.

Of course, you won't listen to this common sense because you know more than everyone else here on BP and will have to learn the hard way.So, recommend you find and attend some local investor meetings or commit to watching all the videos and reading all the material here on BP that you can.Good luck:)

Like "renting to section 8 tenants is actually really easy", "your agent is not on your team just connect with people like me doing hundreds of deals every day and use my team instead", that hood properties will have "15-25% net caps" for beginner out of state investors when in reality they will definitely lose money every month due to the rent not being enough $ to maintain a rental property, never mind all the tenant issues involved with this property class or the difficulty of managing them remotely... but he's done thousands of them just this week while sitting on the beach in Florida... 

We get dozens of calls weekly, UNLIMITED tenants for sec 8.  

Ugh, Madhuri, as someone who is heavily invested in Detroit and helps a LOT of out-of-state investors get started there, this makes me sick.I talk to about a dozen folks per week looking to invest in Detroit and I've heard my fair share of Flip Systems folks.