It could be 50% high, 50% low or right on the money but no matter which of those three it is makes no difference.

If you join a brokerage with low or no monthly fees, your annual expenses could be as low as a few thousand dollars.

Everything they do is quality.

That is a really low rate which is good so second or heloc would be better unless you didnt have the cash to get a second mortgage and the rate difference * cost of second home dont exceed the rate difference to your primary * principle left.I would lean fixed heloc then you could always refinance if rates go down.

Quote from @Josh Dickson: Hello all,I've been flirting with real estate for a long time but due to my low earning potential, thus far I have never felt comfortable taking on the risk.

But if you have a low LTV, it's not likely an issue anyway.

I also got great value from a very expensive course on how to properly buy & manage residential real estate.Regardless of cost, the ones that offered low value were the ones where the founder wanted to sell education as their main business. 

Quote from @Michael Smythe: @Jerry NoguerasRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Have to agree with most here in that a SF-> duplex conversion needs some really specific qualities to be worth the squeeze.

https://www.biggerpockets.com/forums/12/topics/1122318-quality-turnkey-companies?