I was shocked that i was able to acquire a 2 bed/1 bath, 900 sq ft home for $10,000 in AZ.  

@Bob Malecki  PVM on the calculator  enough said.. its shocking

This time was shocking. 

You appear to be doing a lot of upgrades but I am shocked at the $75K cost of the transition. 

I was completely shocked.

I'm quite shocked at all the investors on here that are renting.

We were shocked and didn't know what to do.

Home owners and property investors have a heightened sense of urgency when it comes to safeguarding their properties, so I can understand the looks of shock and horror I receive when I urgently implore:  Do NOT shovel your roof!!

You can most certainly collect earnest money, draw up a purchase agreement with an option period and then bring it down to the local title company and begin search, inspection, survey and etc...I bought my house without any realtors involved.You won't believe how many houses I've looked at, that the realtor is in shock about the condition and admits they've never stepped foot in the place.Buying property isn't rocket surgery.

The money leftover after these expenses is what you get to keep in your pocket, or in your case pay to the IRS.Many new investors are shocked at how much these expenses add up to but it can easily be 50% of the rent.