I spent about $12k in repairs and upgrades to make it rentable.

I've spent several years developing skills and tools to be successful in a very niche space.I usually work with mom-and-pop sellers who have originated just one seller carry in their lifetime and, when they connect with me, have never sold a note. 

Also spent some time in Hellertown.

Besides the benefit of the forms, I do not think the money is well spent) or MLS membership (approximate $190/quarter, which is useful investment)- Brokerage has no trust fund/escrow account.  

I appreciate the time spent on this thank you.

@Nicholas L. in this scenario when you say house hack, do you mean rent by the room instead of by the unit?

I do not think there are any pitfalls in this situationSeems expensive but money well spent I’m sure. 

If you are also living below your means, saving, and reinvesting after tax dollars you can get the ball rolling faster.Nothing ruins an investing career faster than a surprise $20,000 CapEx bill to a new investor who has $2,000 in the bank and just spent every penny they have on a high risk property. 

I was a residential real estate investor for well over a decade and I spent 3 years in commercial real estate before I discovered syndication.

Rather, help investors identify where time is best spent searching for better returns.Honorable Mention - Pocono Farms East - TobyhannaComing in with an honorable mention is Pocono Farms East (PFE).