Those numbers superficially look good but the expense are super high.  

In my experiences, it really comes down to the tenants that create either a management headache or a super easy investment.

Appfolio is okay - I'm not super impressed by them.

This is super helpful and informative.

He wasn’t performing for me, he was just giving me super helpful, targeted advice.

Starting with a single-family home in Kansas City is a smart move, and it sounds like you’re really digging into the numbers, which is super important for making informed decisions.From what you’ve shared, your offer of $140,000 with an 8% interest rate and a 20% down payment seems like a solid starting point.

But don't think it will take everyone 3 months though.If you do it right it could take you sooner:If you are in a super tough market, it could take you longer.Depends on many things

@Bob Bowling,Look at it this way:$150,000 @ 3% for 360 months, Monthly payment: $632.41, times 360 payments = $227,666That is, over 30 years your 3% amortized loan costs you $77, 666 in interest.

The reality is that with the super low inventory we have sellers don't have a reason to give you a 50% discount, so your numbers get squeezed and you will end up leaving cash in the deal.

Looks super promising for those staying up late on FB a few nights a week.