Note: My company will accept personal or business check/with ID.Know where your funding is coming from (a credit line, pre-loan commitment, seller financing, uncle Bill or Mom or your shoe box under the bed).Understand bidding position (where to stand).Your options with real estate (flip it, assign your contract for a fee, renovate and sell for taxable income, offer it on a Tax Deferred 1031 Exchange for equal or greater value, keep it for a cash flow income)?

Here's another article about the January 2016 sales in Memphis.For what it's worth, I just spent the day (Wed 2/10/16) driving around town looking at Class A and B properties with a CA hedge fund and was shocked by the lack of available inventory for sale.

So Im thinking maybe I'll get another electrical box set up dedicated just for the garage, and its a shame because I know I could rent out the garage too, but I need it right now.  

In my first acquisition of property that cost was $124.68 of capital spent to generate $1 of cash flow.

We spent a ton of time frustrated trying to figure numbers and totals out so we took a few days and john mathewson built this sheet out! 

Your time here will be well spent. 

As long as you are willing to dig in and think outside the box on a regular, you just may just end up enjoying that same experience. 

I have purchased Home Depot in-stock cabinets and although the boxes are cheap particle board and the hinges and drawer glides are just ok, they have fared well with standard use.

Whats the return, rents, tenant quality, and time spent like? 

On a two story house this means junction boxes in random spots on wall or more extensive sheet rock work.