Be very careful that you follow the lease to the letter, otherwise you might open yourself up to damages because the tenant has expended funds.Disclaimer: Please do not rely on the above as legal advice because I do not know enough details about your situation to render any.

I don’t want to be tiring, I need your advices because when I was looking for homes to move in I got pre-approved for a $100k loan (I’ve save $10k but don’t want to expend it in Down payment *yes, I bought the book*) .

I love connecting with likeminded people and expending my contact base.I'm very fascinated with the returns some of you guys see over there in the US, and the rather free markets you seem to have.Anyway, thanks for your input, it's been good o share thoughts.Keep in touch kind regardsLeo

Actual numbers from info. from real estate agent factored:  Water/Sewer $89/month, Insurance $264/month, property taxes $434/month, other monthly expenses $100/month, $260 repairs/month,  $130 cap. expend.

I would recommend that because the amount of time, effort and money you will expend/waste looking for a deal as a newbie will kill you.

Up to this point I have been exclusively driving for dollars, but life is getting busier and I have a little more expendable income now.

However as a highly educated and experienced agent with a Masters and a CPA license I can tell you that there are also many agents that will be worth more than the commissions you pay in terms of net profit to you, liability during and after the transaction, and time/energy expended on the overall process. 

Hi Patrick, I have not taking time to check the pictures or the state of the property in question but i think dealing with how much to expend on rehab or improvement after purchase of the property is a wrong move and a big mistake.

You can see immigrants that work for people that have more expendable income to hire gardeners, nannies, and laborers. 

Will expend sometime in the future for sure.