I'm hoping someone can take a look at these numbers to see if they make sense from a cash flow perspective.

I feel the best teacher is experience and if they can have one property that they crunch the numbers on and buy themselves, manage themselves, and are responsible for - I think that will go a long way in preparing them for their eventual inheritance.Although my perspective might eventually just change completely to yours as my kids are both under 2.

His writing and thought process remind me a lot of Ben Leybovich Kahn Academy has a great section on Finance that can explain the basic principles: https://www.khanacademy.org/economics-finance-doma...I wish i could have just watched all of those videos instead of sitting through three semesters of intro to Econ and Finance.Lastly, I highly recommend the Millionaire Next Door.https://www.amazon.com/Millionaire-Next-Door-Surpr...It won't tell you exactly what to do and the data is a bit dated, but it will totally change your perspective on what being "rich" is and how the majority of truly wealthy people make and keep their money.

Hi @Kelly Jones I have an excellent cpa I've used for several years, completely understands RE from an investors perspective. 

Total cost for recording is about 3%.Before you do any of that you should have an attorney and or CPA look at what you are doing from a tax perspective.

These are good returns from my perspective.

@Hunter Groover  Well hunter good questionMy agents take cookie dough and have fresh baked chocolate cookies going in the oven when the folks arrive for an open house. 

I guess my main concern is how difficult finding financing will be due to the fact I have less than two years of work experience with the new job and being fresh out of college I feel some lenders will not take me seriously.Thanks in advance!

Seems like it may be a little thin from a cash-flow perspective.

The borrower would then be responsible to service the debt moving forward, sort of like starting fresh.