After that, I'd also agree with Joshua and Mary B and say to spend your time here on BP and anywhere else you can find free AND RELIABLE info on what you want to get in to.

"(45,000+3,000 closing+1,200=$49,200)This leaves me with two questions:1) Why would anybody go with B and only take out $49,200?

Hi @D B and welcome to Bigger Pockets!

But I find it more difficult to narrow it down to a specific neighborhood.

I had our HVAC guy I have been using look at it, he said it is 12-15 years old and to repair them is pretty much wasting money as they are going to be band-aids and possibly not work at all.

You will also want a "weed-out" process to narrow your prospects (minimum price per foot, etc) or you will get overwhelmed with the time it takes to analyze deals.3.

So narrow down the city you want to focus on, and then learn everything you can about the properties there.

I, however, have a very narrow focus - buy and hold in a low income neighborhood a few miles from my house.

PE is a little narrow.

The house has 10 beds she takes 100 a month per bed off the top she is making 1K a month on a property she does not own nor manage just fills.Your banding can provide a serviceable model to fill properties for rent.Paul