But, the average situation is unlikely to play out like this.

I'm basically going to be targeting rehabs and potential long term development plays or retail cash flow plays.  

Every time I enter into an agreement to purchase I have the following: Exclusive irrevocable possession and occupancy shall be delivered to Buyer, Buyer’s Assignees, or Buyer’s Agents at 5:00 PM on  the date this agreement is signed by Seller,  on the date of Close of Escrow,  on ________________, 20______ or  no later than ___________ days after Close of Escrow.I have collected my fair share of cash for keys in SS where the lender tries playing God.  

I suspect low vacancy, decent screening, no bs with tenants, and luck have all played a role. 

subscribe for the trials to the software and play around. but also build your network. 

You of course need to strategically purchase the property to where it will meet your investment criteria when you depart, which is where a good agent comes into play. 

Investing in real estate is a long-term play so it has to fit into how you want to build your life.

Taylor just called to congratulate me on my first purchase and walk me through the next steps.I will update this post as the process plays out and my first rental property journey begins. 

If we did everything on the inspection reports, then the property would be worth more so we refuse to play that game.

This is not a cash flow play, and projecting a %3.1 return makes it a challenge to operate.Good LuckGino