Especially in Kansas City- where the properties tend to be older3.

They can be great referral sources for responsible student tenants.Best of luck with your first property!

While the idea of owning internationally is attractive, in reality it tends to be much harder to buy property in other countries (especially European countries).

. ~80% tended to be transient and moved on by there choice or ours. ~20% were decent and "stuck". 

And if your any good in 10 years you will have created your own brand and doing a lot of bizz or most by referral..

This way I get paid upfront for my work 1-2k plus I know I have another payday at some point in the future if the deal closes.The costs to fully develop a property and sell for near retail usually involves the costs below and takes 2-6 months or more in some cases, but the profits can be huge if you're working in markets where land costs are high:Title 200-400Legal 500-2000 depending on zoning issuesIf wetlands are present AND its a buffer zone project: 2000-5000Perc & septic design if needed 1500-3000Treescaping & cleanup for retail sale 500-1500Selling costs of 6%I tend to stay clear of properties that need more than the above expense items.  

Both were referrals

In many cases, it weakens the lender's position as they did not underwrite the buyer and an owner-occupant tends to pay better than non-owner-occupants.

I tend to use 8% for vacancy, 5-10% for repairs depending on the condition of the property, and 7-9% for cap ex.

I've tried to get better at not getting stressed out about things that aren't in my control but when my tasks don't just affect me and my family but others and their families, I tend to get stressed out.