The questions are taking a small step, but you should be going to real estate meetups at least once a month to talk to other people who are a little ahead of you.

It's a hybrid deal because the seller will also do seller financing for $83K of the equity at 0% interest rate.Here are the numbers:PITI (VA Loan) monthly payments of $1,203 with a loan balance of $203,000Seller financed at 0% $83K with monthly payments of $300Total monthly payments: $1,503Monthly rent: $1,950Down payment: $35KThe house was built in 2005 and it's spacious.

Surprise in this scenario means it pops up annually, rather than monthly/quarterly.

Then a year later I plan to purchase another property with a goal to make me 5k a month in cash flow.

Her income is 3x the monthly rent. 

If tenant B is leaving at the end of the month, then that threat is gone. 

I'm in Los Angeles as well and I've snowballed up to 20 units in MO and TX (mostly BRRRRs).Since you're local, you should join our monthly investor meetup in Woodland Hills.

Some investors think I am crazy doing that and perhaps so, but I take other people's money seriously and even when the crap hits the fan (and it will if you do enough deals for a long enough period of time), paying back your lender is priority one in my book.Most of my deals for private money also include a balloon payment rather than monthly payments.

Currently a Wholesaler and also going to work on my first fix and flip property this month !

But yes, if you only have 1-5 properties and wnat to do your own books, you will be fine (I would still have a Book-keeper come by 1x month and get everything squared away)Of course when you have a lot of properties, this will just be a confusing nightmare.