I really like the idea of having a monthly cash flow and I generally appreciate the concept of renting more than I do flipping.

@Allison Panila welcome to BP.There is a concept in contract law that anything that is unclear in a contract is construed against the person that wrote it.

I think this post is generally right in concept, but far from accurate.I am a realtor, only work in C+and above areas, where I feel safe walking around by myself, and I still find properties for my clients around 100k. 

While the studying I’ve done helps me understand the concepts he’s talking about (2% and 70% rules among others), being on the scene to see things in the real world is invaluable.  

These are two entirely different concepts and the differences are critical.Partnering means you and some other people that you know get together for a common enterprise and everybody has a role to play.

It’s located in my home town, and it truly is move in ready, the homeowner has lived there for 25 years and VERY meticulous about fixing or repairing anything that needs done and she has kept an extensive journal of anything that has EVER been done.

An important concept to understand is the availability of money is more important than the cost of money.

I have been watching coutless videos as well as articles about NPV and I am starting to wrap my head around the concept and what it is used for.

Ours is for rentals, not flips, but the same concept. 

Thanks for putting this question out there - personally, using a daily journal has helped to keep me focused on my short- and long-term goals.