I'm making $100 a month, but that doesn't feel like a lot"  Or you get discouraged by crappy tenants, unexpected expenses, etc.It really does get better, you just have to stick with it. :)

Just about everybody loses a job at some time in their life, and lots of people go to the hospital or other unexpected things, but not everybody goes bankrupt because of it.Plenty of people never go bankrupt, their whole life.

If you are using hard money you need to budget for the points and fees as well as traditional third party closing fees.Repairs: The money it is going to take you to rehab the property plus an extra 10% of estimated repair costs to account for unexpected repairs.Holdings Costs: Here is where a lot of investors get tripped up.

I didn't make it either- my wife and I ended up snagging an unexpected lead and looking at houses for us to live in, which is even more fun than buying houses for other people

The spread between purchase and ARV allows lots of overruns without loosing my shirt, but so far, the only unexpected is how long I needed to keep a house sitter in it for security.

I recently realized that writing is a good outlet for me and sharing my thoughts can maybe help someone else so it’s a win-win.

I had an outlet installed and put in an electric fire log set for tenants that want the ambiance of a fire.

If you are using hard money you need to budget for the points and fees as well as traditional third party closing fees.Repairs: The money it is going to take you to rehab the property plus an extra 10% of estimated repair costs to account for unexpected repairs.Holdings Costs: Here is where a lot of investors get tripped up.

The place is within walking of the beach, outlets, convention center, etc.

I believe you make money to leave in your estate when you pass (die unexpectedly).