Get a professional tenant and you could be in for death by a thousand cuts. 2) Not knowing your numbers - If you buy with the wrong numbers you can get in trouble quick. if you just assume that you buy for X rent for Y and pay Z in mortgage, insurance and taxes you will be in for a big suprise when things start breaking etc. turning your good investment into a money trap3) Related to number 2 and a fairly common one if you spend all your profits and don't reserve when suprises hit you will not have enough money to cover it4) Not keeping up the property - No one wants to live in a dump, a slum lord attracts slum lord tenants and this can eventually catch up to you5) Speculating  - This could go very well or very bad.

I eventually managed to get my maintenance guy down there.

ROI on his / her $147,000 is 8.2%.I'd like to eventually buy-out my partner.

Well, I grew up south of Atlanta and been here most of my life, but plan on getting back to Texas eventually. 

We do however inform new tenants to write "Wrong Address, Return To Sender" on the envelope and stick it back in the box--this should eventually make its way back to you if any mail slips through."

Eventually I hope to find a mentor and maybe even other partners to help me along this journey. 

Sell it as-is while the market is hot without addressing the foundation.If you go out and get more bids for repair, those will need to be disclosed if you eventually decide to sell which will hurt your sales price.

As many of you know, one reference leads to another, and eventually, I found biggerpockets! 

You've taken that first step and so the next time, you might go one step further and further and eventually you'll have your first purchase.  

Account ClosedI knew Thomas would eventually find this thread and provide you with a path to walk through the LTB.