So it's just extremely unlikely that you'll be able to generate a return that would justify paying the taxes in 1 or offsetting the interest you'd pay in 3.If you save up and buy a traditional LTR at or above the median price, you'll likely be break even or negative. 

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Implementing a solid skip tracing strategy into your marketing mix can be extremely valuable.  

Extremely knowledgable and no pie in the sky fluff.

the biggest indication of a investor failing in real estate is not having enough reserves to get through the rainy seasons of the investment where as people who can get through over a long period of time do extremely well.

@David KrulacThis form is extremely simple to fill out and took 4 minutes.

The "education" that was presented at the REI meetings were little more than sales pitches, giving people just enough information to be enticing to go buy their education system and just enough to be extremely dangerous without the rest of the training. 

If a borrower is low on cash reserves, but still needs to show 6-9 months of PITI in the bank, a program that gives you credit for your cash-out funds towards the asset requirement is extremely helpful.

. - You may be surprised to know that many countries outside US speak extremely fluent English and can handle customer service better than most. 

My biggest hurdles included being in an extremely expensive market (Vermont) and understanding that if I wanted to get involved in real estate I’d have to look out of state.