I've been looking at this victorian on Loopnet, and to my admittedly untrained eye, it seems like it would bring in some cash flow/break even on three of the units, so I could live for free in the fourth.

To my untrained I this looks like termite damage.

I have seen too many new investors act like the untrained hunting dog out for rabbits but to the dog everything that moves is a rabbit and and as a result the hunter comes home empty handed. 

I've never had an onsite, untrained manager.

I don't get RE definitions from gurus or untrained investors or Wikipedia sites.

But it will also steer you away from "finished" properties that may look nice to the untrained eye but are disasters underneath the drywall.Also, having a home inspectors license provides a second stream of income that can help you accumulate enough savings for a down payment on an investment property. 

With the influx of untrained title searchers  and fly-by-night Title Companies in the   industry, it is a small price to pay for peace of mind.

New paint and fixtures can hide a multitude of rehab sins from the untrained eye, so if it looks great but the HVAC system is 20 years old, you need to know about it before you buy.Best of luck!

Although I am untrained the listings on HomeAway show that they could earn well over $1,500 a week for rental.

Hi Hugh,You are either trained or untrained in private lending.