I understand your anxiety with mfh but a property from my research is usually good when the numbers make sense and the location is right. let me know - im interested to see what you will do. 

We use a conservative method that includes all recurring costs and we cover the approximate cost for maintenance and vacancy by not including any tax benefits (depreciation) in our calculations.

I really appreciate your encouragement about my future success, but I want to ensure everyone who reads this that I am ALL-IN there's not a drop of doubt (yess anxiety comes and goes but its healthy stress) in my mind that I want to do this.

My goal is to leverage my healthy W2 to build additional recurring income.

It would also reduce investors holding costs significantly and allow new families the opportunity to get into a nicely renovated house for $250,000 without looking at a $10,000/year recurring tax that never, ever goes down.Because of these ever increasing foreclosures we now, the Zombie house epidemic which is very concerning to me as a resident and especially at the rate of which they are appearing (7th highest in the US).

No recurring credit card?

Buyer might pay more or if the revenue is recurring.

I will not allow anxiety to cause me make rushed decisions.

5 - More fear - that somehow we (my mom and I) have grown from "mom and pop" to a small level of money that is big enough to have real headaches (try to diversify a $14M portfolio - you wind up the the headaches of sourcing deals, evaluating them, etc. but you are still dealing with a small enough amount of money that the decision to hire an analyst and an assistant is a big step).6 - Anxiety - that the next deal will go all wrong.

Since this is a potentially recurring expense of several hundred dollars I thought I should check with the BP community.