For now, my immediate goal is to pay off all of my credit card debt (should be accomplished by February 1.), and continue to educate myself on NOI, Cap rate, cash-on -cash return etc.BP community, I am open-minded, willing to take initiative, always willing to be taught something new, but also ready to share any experience or knowledge I have that can help someone else. 

It's a great way to get into a property without needing to pay a large down payment. 

Jack and Jill homeowners have to pay off their mortgage and buy again, so aren't good SF candidates.All of my SF buys have been from tired landlords that owned free and clear.

I’ve had people who signed up for 6 months and stayed 5+ years, paying increasing rental rates.

Could the seller provide you with a note for the down payment and you pay him back?

I purchased my first SFH (3 bed, 2 bath) and currently have a tenant paying $850. 

Or how much do you pay in rent.  

They’re “meaner” than me so they charge late fees (I get 1/2), file pay or quits, and increase rents faster and further than I would.

They also discussed a capital call but instead decided to borrow more money to pay the bills.

I would like to make sure the siding is presentable before paying for an appraisal.