Municipalities may add additional taxes to this, so you’ll want to contact the county tax assessor-collector office to determine current rates for a specific area.

Additionally, I’ve been working on getting a solid purchase agreement and assignment contract.

It might be a wash when you add up all those additional costs.

He is doing additional training with the Launch Pad as well.

Additionally, would it be better to specialize in one area early on and stick with it post-graduation, or should I explore different sectors before committing to a specific path?

Thanks for sharing the additional context.

If you’re comfortable paying a setup fee of about $7,800 and an additional $2,000 per month for a service that performs well for just two months before going radio silent, then this might be the right fit for you.

Hiring a good property management company who's on top of things, or ensuring you or someone else you hire put aside additional time for property inspections on a more consistent basis.

Additionally in a C+ neighborhood the cost for purchase/rehab will not be appealing when it comes to cashflow. 

If so, you will learn about additional real estate investing options.Initial Costs to ConsiderBefore buying your first rental property or house flipping project, it is crucial to think beyond property prices.