Hi everybody, thanks for your input, here's the updated news re: the 4plex.I ended up getting over my initial anxiety and signing a contract, and then after an eventful weekend the seller backed out!

Then in rentmanager in receivables she has recurring rent charges for each tenant setup.

In return, I am hoping to bring them recurring business from not only me, but multiple friends and family members that are eager to invest in real estate as well.I am not only looking forward to learning from all of you, but also hoping that in due time I am knowledgable enough to give something back to this community!

The fastest way to save money is always to not have any recurring monthly debt looming overhead.

If it was me, I would look at actual expenditures, but add-back anything that is non-recurring/extra-ordinary (roofs, parking lots, repainting exterior, etc).

Be sure to separate non-recurring, capital improvements from operating expenses.

Renters you pay their rent online are less likely to pay their rent late, since you can schedule automatic, recurring payments. 

For homeowners, this means loan mortgages, insurance, property taxes, utilities and maintenance.Meanwhile a renter’s recurring cost payment include the monthly rent, insurance, pet rent (if you have pets) and utilities.

David also makes a good point about using your time overseas to build up knowledge and capital, but it's up to you when you feel comfortable diving in - the first time will always be the scariest, so just be honest with yourself about the amount of risk/anxiety you can handle right now vs. the potential benefit of putting your money to work sooner rather than later. 

On hand they have $15,000 in cash, and 44 units paying $100 per month with monthly recurring expenses around $2,100.Last thing, it looks like there may have been a group of residents that were disgruntled because the whole board resigned, and a new group took over.