Don't let anyone scare you away from makeing that Big TICKET Money.

Also, a self directed IRA may be the ticket for future investing.  

This is going to be my first round of LOI's, so I am sure I will learn a lot from the results.  

And bigger pockets is like your "golden ticket".

:Roaches being the main concern Either spray the property yourself, you can get the stuff cheap enough, and go round once a month with a sprayer for three months and then back it off to every three months.

And if the purchase price is only $20,000 a $50 deposit might be enough or you could get away with $10 or even $0."

We always send tenants a birthday card and during the holidays we send tenants 2 dinner coupons and a movie ticket and with a hand written thank you card from everyone on the staff.

I'm in the HVAC field by trade, so I am well connected relative to most of the big ticket items I'll be dealing with.

We're also considering getting certification as home inspectors in order to round out our knowledge and provide another alternative income source. 

If you are looking for a place to own and have the rents cover the expenses, you may be able to get away with even a little less than 1%.