While Kiyosaki's RD PD, fictitious or not, was one of my inspirations and was very inspiring for many of the guests that appear on the BP podcasts, the actual nuts and bolts of being a RE investor can be learned through BP online and in meetups, and a few key books.  

Overall, things sounds fruitful.

It has been a very fruitful exercise for me.

I want to enjoy SOME of the fruits of my labor now--just a little bit.

In hindsight I wish I has re invested, but it got me to The University of California, so I cant complain.I still crack up remembering my grandmothers response when I told her what I did (my family is not at all entreprenurial and thought/think I am nuts) her reply was ...'

Been going nuts here in swfl.

In those cases, simply discard the new ring and nut which come with the new valve and use the old ring and nut.

And . . . . it's not as if the budget is going to be fat and happy on these jobs either - there is always lower hanging fruit than rehabbing houses for investors.

Although I don't have any regrets because of what I have learned through trials, I would like to think that learning through others mistakes can be just as fruitful!

Property is in Columbus Ohio, in a blue collar neighborhood with not  a lot of appreciation potential.Heres the nuts and bolts of the deal.Offer price $135,000comps $124-150k low side being REOs (not much equity)Gross Income yr              $28,800Minus Vacancy (10%)=   $25,920Repairs, maintenance, property management (5%)                            Taxes, insurance,advertisingCAPEX ($250/unit/year)Total Expenses              $10,47230yr mtg with 20% down at 5% payment would be $580I'm coming up with cash flow of $176 per month with COC return of  25.4%Any thoughts?