I know we're missing information here but it just doesn't seem like much of a deal unless you have very deep pockets and plan to live in it for a very long time.Since you're a first home buyer, look for homes that need basic cosmetic work such as paint and carpeting.

You see, I've already reached "critical mass".Of course, when a pitcher throws a fat one right over the plate, I'm going to "take it deep".all cash

He said he was a medical student and his email name came through as Deep Kum.

And some of the parents are attorneys, and most of them have deep pockets.

I created a system where I used private money for a few hours, purchased a deep discount property, had my end buyer lined up (owner occupant not needing fha), put the two together and snatched the spread in the same day.It worked every time!

I have 4 rental units which I do very well with and so far can manage, but I don’t know if I keep growing if I’ll be in too deep and over my head to manage risk.

I've been taken in by deep influence techniques and have the "feeling" of being taken by the guru.

Even so, the only thing that any tenant SHOULD put down the toilet is toilet tissue...nothing else!

By definition of average, that means some will have 40% OE, some will have 60% OE, etc.If your property is located in a higher prop tax state (as mine are in Texas), does not mean you need to adjust the rule as other expenses in that particular state may average lower or rents may average higher to compensate.When evaluating any property, once you feel the investment has passed the 50% screening rule, dig deep into the numbers to come up with an accurate NOI (net operating income).

I had to clean out that room, which was 6 feet deep in smelly desease ridden filth!