With that info all you've got to do is figure out how old the roof is & you have a pretty solid grasp of how much & when you need to spend money on it.Same thing with a furnace.

So, now I’m reading cash flow and rental books and getting a grasp.

I'll have to check into that a little more diligently and try and get a better grasp on it.

I’m trying to get a grasp on if it’s worth pulling a LOC on the rental as a means to use as potential down payment on any deals I find or would it be better to sell it outright pocket the cash before I have to pay capitol gains.If I rent my current place I can cash flow 300-400 a month after total monthly expenses.

@Patrick RyanMost of the BP tax pros have a good grasp on state issues.In your case, you'll also want to consult with an attorney if you haven't done so already.

Gotta love great timing and intuition.Let me just say this first off, financial independence through real estate is within your grasp.

I’m mostly concerned with SFH as I want to get a grasp of the investment concept in smaller scale as I practice. 

Best part is, unlike listing data, rents are typically not negotiated downward and owners tend to have a decent grasp of their market so, the values tend to be about as reliable as it gets.

I'd say start with some turnkeys and earn some money until you get a better grasp of the real estate world, then invest by yourself.

Evaluating market price is definitely one of the things that I've been worrying about getting a grasp on, but thanks to you I now know a few things to look at to help with that process.