Basically you assume several exceedingly bad and increasingly unlikely scenarios and see what your finances would look like.For instance, look at what your numbers would be if 2,3 or 4 units went vacant and you had large capex expenses like a new roof.

So as you can see this is not exactly mom and pop type of hey I want to buy a rental house guy wont sell... its was a fight and we were out 45k in cash so we kind of had no choice.. if it was a normal deal with EM that was modest and sitting in title.. well we just would have cancelled got that back and moved on .. no way we would have done all this. and I don't believe in OUR state the judges may rule with the homeowner before the big bad investor developer. 

Does anyone know of any database (or website) that allows a landlord to report a "bad tenants", i am not talking about credit agency. just a simple database that allows a landlord to report a tenant that caused damages or did not pay rent?

I think every LL needs a legal means to get rid of "undesired" tenants without the effort/bad feelings of terminating a lease or worse an eviction.We use month to month lease and have never terminated a month to month lease for any reason other than missed payment. 

Any tips on how to start off and possible college options that would best fit my career choice.

But I I would look into rigid core vinyl plank...if your floor is not too bad you can float it over and the imperfections do not telescope through.

I was a senior in college studying business management, evaluating my personal financial situation, and determined to be a wise steward of my first paycheck after I graduated, knowing I’d be climbing my way out of about $20,000 of student debt and several grand in auto loans.WhIle searchIng for somethIng productIve to lIsten to on a jog I found the bIggerpockets podcast.Ive learned more from BP than I ever dId In college.Despite math, my wife and I made the personal choice that we’d pay off our student and car loans before we got started.Fast forward three years later we paid everything off and saved $20,000.

Would you want to live somewhere full with higher crime, bad schools and 1 bathroom just because the hosue had some granite countertops?

Purchase price: $186,000 Cash invested: $100,000 Sale price: $515,000 This house was in BAD shape, bank owned, and no bank would loan on it because the well and septic were shot.

If there are that many good deals in the same area, usually implies area is very bad for investment.