During our crash course we have learned a ton but two big themes seem to have immerged: 1) Buy properties near your home (especially if you are a newbie) and 2) Do your math correctly and only buy properties that meet the 70% rule.

Title does the math on the day they wire your funds.

It also prompts callers to give you some info on the vmail message so that you can do some homework and be prepared once you call back.

So you can do the math.

@Mitchel Durfee As your math shows, you are cashflowing negative at least $35/month.  

Don't use math from Charleston here.

I've been diligently doing my homework and familiarizing myself with the business.

We are taking this year to do our homework, and save up our 20% for a down payment, and funds for repairs and closing costs.

So I will do my math and redo the floor before renewal and look into that flooring you recommended.

I review each new potential project with the last, move my numbers up and down, and let the spread sheet math tell me if the deal works or not.