Its nerve racking spending that money but I guess as long as it rents well there shouldn't be an issue.

Nerves are usually knocked out by market awareness and understanding of the investment. 

Currently it's lower since you're new, but as you close a deal and figure things out, the opportunity cost of your time ($$$ you can make per hour) increases and at that point, you need to re-examine your process to make sure it's worth your money to print your own letters especially if someone *hint hint* can hook you up with good pricing due to your network on BP.

We follow the motto that I'm sure you've all heard before, "under promise, over deliver".We are actually leasing it out as;-$645/bedroom x 3-$745/master bedroom plus an additional flat      -plus $45 utility fee per roomIt was a very nerve racking and big step for us and I hope that this will help some other's out there!

Examine the possibility of future appreciation and take into account the area's past rates of gain.Recognize the tax ramifications of leasing out your home.

The NAV for my portfolio took a huge hit, but I rode it out, and it ended very well in the end, but it was a nerve racking period.What I would suggest, and what I'm starting to do more of, is to do a stress test of your current deals and portfolio.

Hi everyone,I am planning on taking the Real Estate license examination.

Selling off-market can frequently save quite a bit of money in commissions, even when factoring the higher sale price the agent promises.A deeper explanation requires examining the seller’s specific distress and motivation.If a seller is facing eminent foreclosure, or needs to close quickly for some other reason, an on-market sale might not proceed quickly enough for them.

Examining the lease, it says I can evict if the tenant does not follow the terms of the lease, including paying rent.

While you're saving pick your area and examine 100 deals on the BP calculator, walk 100 houses in the area before you buy.