Ill have to ask question to get the answers im looking for!

I guess Ill be rather one of the many investors here on BP that is too stupid to use IRR as a foundation for my real estate.Works for me.

i still will have 60k equity in the home, I'm paying myself 401k back to myself at 9% interest rate.. so I'm adding to my 401k.. and I'm making 4.60 interest from the money in my saving accounts that Ill be using to pay back the 401k loan.. 

So, I was wondering if anyone has any good pointers on where to start im open earsI might be able to take a look around upper marlborro maybe, Ill look around.Thing is around dc we got rockville, silver spring, alexandria alot of pricey marketsI hear DC is pricey .....And investing OOS is scary.

Its a two properties (in 1900s) and the offer now is 275k and they will take care of knob and tube.Anyone know how would approximate be to:1) put chimney flue ( I asked and it will be 2.5k each)2)do knob and tube rewireing (i heard it will be costly around 30k, but I asked the seller to take care of this otherwise ill walk away)3) change furnace (4.5k$)4)pluming (I checked its around 3k$)and asbestos (not sure if I should do anything for the asbestor) ( will take 5k max), all houses here has asbestos, so as long as its stay and no one touched then we are good and if the fixes is easy by putting just tape.What do you guys think about this deal.Overall rent will be around 2900/month

David OrrTax Modern Great perspective David, ill have to share that with our team 

These are the people for whom 1 missing paycheck (for illness, emergency, etc) would mean not putting food on the table. 

If you are interested please let me know and ill try to coordinate getting us into an existing real estate group or scheduling a coffee to get to know each other. 

Pleasure to meet you all and i'm hoping to learn a lot on here and maybe if i'm lucky ill find a mentor of sorts.

And ill probly get a pay cut if i get a new job, even in the same profession.