You will be left waiting years, with your own domino effects and legal bills, for the mess to resolve.

I'm from Illinois and am itching to do my 1st real estate investment but not sure how a newbie like myself can finance a property without using my own money especially when it comes to paying for inspections, appraisals, earnest money, monthly interest and monthly bills, etc 

I clean my own house, can I bill myself for that and then write-off all of my cleaning supplies against it? 

@Bill S. 

And 54% of the basis would be allocated to the 200K house.You'll have a small tax bill on the difference between your sale and purchase prices.  

You can set utility caps to encourage responsible use and protect you from huge bills.

There are a few local bills being introduced to give mom-pop homeowners more strength in dealing with evictions. 

I gave Financial Freedom my credit card info so that they could bill me $3.95 to ship me a book.

looks like "realestaterocks" still works, and for the monthly billing too!

When replaced with a gas boiler and seperate gas hot water heater the yearly gas bill was $1,700.