That's the magic of real estate, your taxable income can be far less than your actual income. 

This, in reality, could be a gold mine...if you can get the property for that magic $85k.

In two hours the plumber was over working his magic and now all is well, for the most part.

Not the magical 1% level but nearly 0 management cost given it’s just another SFH for my team to take care of where they have plenty of other buildings.

I don’t think there’s a lot of BRRRing to be done anymore without a wholesaler conjuring magic spells from a cauldron.

Not saying you're doing anything wrong, just don't think you should sell yourself short or think someone is going to give you a magic answer locally that you can't already find on BP.

They give honest advise and can deal with voucher tenants / HUD process / problem tenants but they can NOT do magic; a bad property / tenant require resources (read $) and take time to turn around.

There are no magic pills or words other than work smart and know what you are doing.

Did all the paperwork with a lender that would do up to the magic 10. 20% down and high ficos, income etc.

Everyone gets all worked up about this Magical course that is going to guide you step by step to the closing table.