I made about $60k on that deal, after finding good tenants and minimal repairs.

For what is usually a minimal fee you get education from people who have "been there and done that" and, equally as important, the opportunity to network.

To minimize your risk and start generating cash flow I would build a success portfolio of vacation rentals you managed and identify what qualities make a successful property.

His payments are very minimal (less than $150/mo).

Salvador Aldrett As much as I advocate for "simple" I really try to find the minimal effective dose to maximize returns with minimal effort.

I'm being conservative by assuming minimal depreciation (1-2%) in a neighborhood that is desirable today in a great school district that is walkable to shopping center with a supermarket, restaurants.Current income dictates that an appropriate out of pocket cost for next house should less than $3K per month.Possible solutions:Take out second mortgage/HELOC to get the $100K I need to buy the next house?

The minimal impact to existing structures is really nice and ability to run the ducting in small areas without having to open up walls/ceilings/floors and lose space or get yourself into a bigger project in an old place seems worth looking into.

They are doing the same relatively minimal amount of work regardless of how much capital the LLC holds.A good self-directed plan facilitator or attorney will have one or more preferred custodians they work with, as well as tighter integration between the legal and custodial processes.

Ex: John was really well-spoken, Susie constantly interrupted me, Steve clearly had no idea WTF he’s talking about, etc.By calling 10 accountants, you’re “pairing them up” against each other, cross-referencing their information and getting smarter (and more confident) with each call.At the end of all your calls, you’ll be mentally tired, yes, but you just learned a ton! 

after 2 consecutive years of 0% rent increases on 1 year leases and now only a very minimal increase they are proposing a bill that, (ready for this one??!!!)