Prepayment penalties- usually 1-5 year terms.

The jobs I have held have been kind of “babysitting” jobs where I’ve usually only had about an hour or so of real work during my shift which has allowed me to read all sorts of business and real estate books, listen to real estate podcasts, search for deals on the MLS and elsewhere all during the course of my work shift.

. , the other thing I often do when I'm starting to evaluate a new market, I subscribe to the local newspaper or the local business journal and doesn't cost that much, usually $5 to $10 a month.

@Gustavo Mendoza it really depends on the tenant and state/local laws.Class A tenants, usually having 680+ credit scores, can be held accountable for a 12 month lease.Most Class B tenants, 620-680 scores, can also.With Class C tenants, under 620 scores, many won't care if a lease is 12 months or MTM, they will move when they please.

For a construction(or bridge) loan, most lenders would want 2-3 projects(buy, rehab, hold/sell, construction) experience usually in the last 3 years minimum.

That usually seems to work. 

Usually, the exit, whether it's a refi or sale, should produce more gain than the cash flow.

My parents have an extra 200k sitting around that they said they would want to go 50/50 on the property with me.

(We don't usually run city tracts as our grid systems and/or lines are hundreds of acres and usually in more rural areas).

Team up with another investor or a person who knows a lot about real estate to help with the money needed upfront or extra cash.