I am a newbie in book keeping and i gave up on QB it was very difficult 

For practitioners in the real estate industry, the biggest challenge is not just the difficult work, high risks, or immense pressure, but the necessity to learn to let go of complete control over outcomes.

In terms of the upcoming zoom meetings- asking tough questions is difficult.

Principal mortgage balance is $159,531.

In all honesty, it will be difficult to collect anything from the tenant after they move out and you cannot force them to stay.

The course is long and test is difficult so make sure you are committed.

Income is difficult to predict not knowing the market.

But balance is key—keeping some cash reserves for unexpected expenses is critical.Lastly, I’d recommend running detailed numbers to ensure the property cash flows well, even with conservative estimates.

What would help the community is for you to share as much info as you are comfortable, but the appraised values, current loan balances, and the current rents would be a good start. 

We do all our loans as balance sheet loans, so that means short term fixed rates with 20yr amortizations and 20% down.