For 18 months, my company will have me rotating between Houston, TX; Midland, TX; Oklahoma City, OK; and Pittsburgh, PA, covering both my housing and car expenses.Goals & Investment Strategy:My goal is to save aggressively over this period to build a strong financial foundation for real estate investing.

Insurance shouldn't be bad as this is a condo, so a lot of potential risk is covered by the HOA insurance.

In retrospect, some yellow flags found by the property manager during the tenant screening are now bright red flashing sirens, but the tenant showed decent credit, had a positive previous landlord reference, wrote a charming cover letter in his application, and applied through the referral of a reputable real estate agent.

Enjoy the beautifully landscaped backyard with a covered patio, pool, spa, and RV parking.

External is usually where they want to approve the color of the house, types of materials, roofing, landscaping, driveway condition, etc.

Roof $5000.

Make sure your first property has no long-term cap ex coming like roofs, furnaces, sewer, etc so you know you won't get a 10k bill when you buy another one and lose profit on all across the board.

You must however make enough to cover the note on 2 properties because there will be times when the rental is not occupied2.

Repairs are not factored into the percent rule so you close at 1 percent rule and then you need a new furnace and roof and you won't make money for years on the property.

A GOOD agent will cover some, possibly all of these inside of there fee's.