I bought 2 properties on the Alabama State Tax Sale and one of them is within the 3 year initial redemption period given by the county.

A little more set-up initially and things to learn, but once you're off and running, then your property can significantly generate more income.

Use neighborhoodscout and see what score it has since 2000   If it is an 8 or higher, I will be fairly confident of good long term appreciation  - the cash flow over a long hold is more determined by rent growth than initial cash flow.  

Lastly, since my biggest concern is finding a quality tenant I am still considering paying a realtor for the initial placement service, but is the going rate for that always one month rent?

Can you explain what level or initial investment was to start the program?

If and when I want to sell a home, I get my initial investment on that home back, and Kris and I split profits 50/50.

By the way, if the seller already has equity of 30% then the new refinance loan should be lower than the initial loan.

@Bowen Taylor PaysonHi Bowen, this may be a bit out of your area but the Nor Cal Deal Maker Session in Walnut Creek is a great network of people to meet.

My initial rate back in June was 6.99% although it's adjustable and has gone up since of course. 

This includes budgeting for initial investments, calculating potential returns, and having a contingency plan for unexpected expenses.Real Estate is a vast industry, and with dedication, continuous learning, and ample networking, success is within reach.