Without a firm base and working familiarity with these three areas the investor will not have the knowledge to analyze, negotiate and close advantageous real estate transactions. 2- Experience - the first few deals are likely to be smaller, harder, with more “surprises” and not as profitable as the investor imagined.

They need to add 25% in order to get the 20% for  Overhead and Profit.

What about having to break even, or even feed the property every month $200 for those same 36 months, but at sale, could net a $75K-$100K profit?

This means it can be very profitable if you buy at the right time, but can be brutal if you buy at a peak.

I am sure it will all work out for you in the long run.. we sold ours and made a tiny profit on each but its better than a loss right ?

In fact, the most profitable deals I've ever done were in these markets.

Petersburg area, resulting in highly–profitable investments.If you need professional and courteous property management experts for your multifamily, single family, condominiums or town home, you've found the right company!

Profit per door is relevant.

I know that it eats into profits but it is something to consider for at least your first rental.

Yes when I looked at my pretax overall profit in the flip it was really close to my pretax salary for the same amount of time.