If you want the quick formula for your SFR:PGI (potential gross income)-VCL (vacancy and credit losses)+OI (other income--laundromat, cable etc)=EGI (effective gross income)-OE (operating expenses)=NOI (net operating income)If you get financing, you do not factor that into this equation.

I 'm a cable technician from Ocala FL  have been for the past 15 years and i love it.  

If you're looking for tips please don't hesitate to contact me. 

Thank you @Paul Timmins& @David Ebbesonfor the great links, as well as tips!!

Any tips please send them this way.

Thanks for that tip. 

Hi, I'm in the procces of forming my investment Co. if you have any tips for me I'll greatly appreciated.

I know most of us here own multiple properties, but I am curious as to how many of us enjoy the RV lifestyle, and still manage properties or a business while on the road and what are some tips and tricks to help out somebody new that is hesitant about being so far away from their investments for months at a time?

Just a tip, attorneys ALWAYS believe you need an attorney.

Any veteran investors willing to give some tips on how to approach an acquisition of a SFR via auction?