It's always a personal choice everyone has a different perspective.   

The beauty of personal finance is it's all personal :) If leverage works for you, awesome!

If you have to provide negativity with your comment, then please refrain from commenting This is my personal opinion but nothing he said was negative.

If you can personally visit the property to confirm, do so.

DesireeI have seen this same exact thing in Memphis TN in properties located near the University of Memphis so my personal opinion is to stay away unless you can still buy the property where the numbers make sense.

When I had arrived I found out that this guy had one truck, his own personal vehicle that doubled as his work vehicle.. and some personal tools.

-Attend at least 3 meet ups, in person, a month with my local REIA.

if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.

This person had never used credit.

Sometimes only one person to help you and they're not quick, or not cheap, or you just don't like the way they work?