The reality is real estate isn’t just about appreciation and cash flow—it’s also about survival when things go south.Many new investors operate on razor-thin margins, believing that rental income will always cover their expenses.

I would see if you could get seller to pay for the repairs and you raise the sale price by the expected cost of the repairs.  

If you are just starting out, this is for you:When you buy an investment property, it is treated differently than a house you are going to live in. 

I'm based in the Bay Area and currently have a tenant in the HUD-VASH program.

Since you're owner-occupying the duplex, most lenders won’t allow you to put the property into an LLC while you have a residential mortgage, as it could violate loan terms.

I am not the expert, but just from talking with people and seeing the posts pitches from wholesalers.

WE all get paid at the same time when the property closes I get my money back and my agreed on captial partner split they get the rest.. for some it works great we help them scale.. for others that just do a few a year and are dialing for absolute cheapest rates and have the money for downpayment and to make payments etc.. thats the route they will go usually broker who is putting them into a large lenders program and raking points off the top and at closing..

Purchase price: $3,200 Just bought this piece of vacant land. 2 acres out in the desert.

I always found QB to be clunky, not user friendly and just kind of overkill.

Don't just read the lease!