From what I have seen and continue to see, it's as if someone wrote a book on conning and pressuring people to spend money on EXTREMELY OVERPRICED unReal Estate training, and almost all the BIG guru's  follow the plan to a tee!

Until all of those criteria ate meet, I continue to proceed with applicants.

We did fix all the issue as per contract, and below is the break down of expenses.Purchase Reo 33,500 (bank listed 35k but I knew ac unit was bad)Roof 4,500Ac Unit 1,975Duct work 300 (found when replacing ac unit that rats or squirrels ate the old duct)wood work on soffit 417.The rest of the expenses included water, electric, insurance, and garbage that I am just going to add into the total cost of expense.

Ugh, just recently out of one of these, the dog ate my rent, I was in the hospital, the bank messed up, my company sent the checks late, on and on.

Ate the Windows!

I can spend upwards of one hour per day doing this which may seem like a big waste of time but I can tell you how much I spent, how much I ate, what happened with my database last week, last month, etc. within a few moments.

We have had a one or two instances where we had an unexpected major repair that ate up a chunk of our profits for the year but when factoring in the tax advantages, etc. we still have made out okay.

@Craig Moore Hey man, in the same boat as you to a tee. 23 in NE area looking for 1st property to invest in, "house-hack".

My wife was not huge on the idea of buying rental property...we talked about it for quite a while, and now 1 year into it, she is just about as ate up as I am, and she is actually handling almost all of the work.    

I am actually taking my test in a few weeks (I took on a large remodel that ate all of my free time).