This is something I do plan to correct in the future, right now I am finishing off my computer networks and cybersecurity degree then I plan to look into an accounting or finance degree to help me better understand and manage money.We don't really have the expendable income to make a large purchase right now, which makes it hard for me but I have seen so many times purchasing a rental property for $0 money down. 

The problem is the amount of learning you'd have to do just to know what a good non-performing note looks like THEN have to go through foreclosure only to move in is way more effort than you'd have to expend to just purchase a house traditionally.

I am looking at buying a 10 unit building consisting of 10 2 bed 1 bath units that all rent for between 550 and 625 per month close to a college campus with an asking price of 325k. so far after analyzing the deal with piti and other expenses it looks to cashflow between 2500 and 3k per month. the problem i have is i expended the majority of my working capital on my last 2 deals that i bought within the last 10 months so currently only have 15-20k to work with on this.

I got my license just for myself initially so when I do take on clients I make sure to expend the energy and time they deserve or as they would get from any other agent.

Hi Hector,My thoughts are don't improve the house to what you think is great, but view it as already belonging to the future buyer (your client) and do the things he or she would want done and can afford to pay for (with a profit to you).In other words, don't over improve it and don't make it an architectural showpiece you will not be able to get your expended money back from (with a profit). just remember it's a product you intend to sell and make a profit on.

Agents expend this effort and expense to get you to click on their site" Unfortunately, begavior like this is rampant in the Great Smoky Mountains, Gatlinburg, Pigeon Forge and Wears Valley.. 

It seems like the underlying theme is all about mindset and whatever approach individuals take to improve or expend their thinking/focus is what takes people to the next level in their business.

I also have a very healthy credit card and solid income that can back me up if a catastrophe hit and I have to expend my entire reserve.Sit down and crunch the numbers.

The term "invest" is defined as to expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture.

If you don't already have a lot of expendable income, it can be a burden that impossible to get out from under, unless you get lucky and get some appreciation.In real life, even with the very best high-cashflow turnkey rentals, it can be extremely hard to repay the borrowed equity in fewer than 15 years, if only relying on cashflow.