The one she has is “too slow moving.”Thanks,Mike

@Joseph Opoku Yeah you can still get positive cash flow from day 1 in pretty much all areas except the A class neighborhoods.

Using your example, you sell Mon for your $155K and have a contract on a new home for $100K two weeks after this one sold.

Without any cash it is unlikely unless you can find a 100% seller financed deal (they do exist, I just did one a few months ago).

@Juliann Morala Yep, a buyers agent that works exclusively with investors will have all the info you need and lots of options on contractors, lenders, attorneys, inspectors, property managers.

@Stephen Schroeder it would be fantastic for PMCs to be able to charge owners as you describe, as owners might then truly appreciate everything their PMC does for them.Unfortunately, no one has yet devised how to practically do this.So, PMCs' absorb most office & admin expenses and are compensated for them via the monthly fees they charge their clients.

As an investor friendly real estate agent in Sacramento California, I have been encouraged by my amazing real estate broker, Noah Laker, to join in the conversations you all are having about real estate investing.I feel very lucky to have joined the team here at Hardin Realty & Property Management in Sacramento and all the excitement real estate has to offer.

Thanks for the advice, I have read some books but not that one.

Do you have the funds to carry the payments if no one is renting it ? 

Cute, modern 1 bedroom 1 bath apartment in one of the best areas in Split, Croatia.