Once you have two investments under your belt, you have a bit more breathing room and flexibility.

Wait- is he claiming that he can smell Carbon Dioxide (CO2) which is a harmless gas that we all breathe out, or Carbon Monoxide (CO- also odorless) which is dangerous?  

I would also like to dabble in wholesales and flips for some quick cash and to experience the pride that comes with breathing new life into a forgotten or abused house. 

I said it before, and I will say it with my dying breath: so long as the attacks continue, the defense will continue.

It is also not good to breath as it cures and will drive you out of the house!

Or refinance to get breathing room and sell...cashout.

Holding my breath for that.

(If you need to, take a breath, wait for your heart rate and pressure to come down.

This states the home has been approved and available to be a rental.And some of these must be applied for every time a tenant moves.So check your state laws.There are Landlord Tenant Laws, Building Codes, and laws that are not laws at all but based on a Judge’s opinion of whether or not a tenant did wrong or not.For instance, normal wear and tear.Judges have various opinions on what they deem normal wear and tear.This is an Industry of thinking skills.This is an industry of holding your temper and implementing your lease agreement no matter what.You need to think like a Judge.You need to think reasonably.You need to be a good listener.You need to be in control.Once you buy a house you need to know how to keep that house and how to keep your tenants long term.You need to know how to be all things in order to keep your tenants happy, yet make them know the rules of landlording and how to be good tenants.I always say that one is only as good as the tools they have.You could be the greatest landlord in the world in mind and action, but if you don’t have the equipment, or the education, or the money to invest in the proper tools to make you successful, then you will never make it in this business.It takes my breath away to read the stuff on here by new investors.And I understand that how can they know what they do not know?

Make sure you don't block the soffit vents as an attic needs to breath!