Here's the question: Is it a red flag if you find a city that has many multi-family listings that seem profitable, but has A LOT of listings city wide?

The reality is that it will take a lot of work and effort to be successful and he should go in with eyes wide open.Too many people see the 65-year-old REALTOR driving a brand new Mercedes and assume it must be easy.

In terms of rehab costs, they vary widely and you may end up needing much more than $20K. 

It was incredibly helpful. 

If you haven't listened to all the podcasts and/or read the book it's a great place to start understanding the FIRE movement and an incredible resource for financial education!

Going long distance is quite tricky as you are open to wide array of zip codes to choose from.

Definitely shop around - the variation in cost premiums is wide. 

As with many people, it would be incredible to potentially form a relationship with someone that could eventually turn into some form of a partnership. 

But there isn't a lot of calculation involved, other than figuring out what your payments would be on different principal amounts, and any widely available online mortgage calculator can do this for you in two seconds. 

There are all types of visitors with wide ranges of budgets/desires coming into town for Derby.