Also, let's think about all of the opportunities we missed out on because we were so tied up with this house.Lessons Learned1) Do Your Homework.

I think math was 10% of the test, and I already understood the investing side so that helped, but all in all the other stuff wasn't to hard.

When I did the math with the cash flow, it looks like it'll take me about 4 years to recoup the $17,500 that I would be investing. 

Just don't be a d*** and you should be fine in a c-class neighborhood if you do your homework on crime in the area.In my novice opinion: If you're looking at student housing in the fan, or museum district, or something like that, you're not going to be cash flowing much if at all.

And for anyone doing the math, we don't own all 43 units now - we owned and sold some on the way.Best of luck* investing!

I'm interested to learn more about the math behind the deals and really dive into it so I can better understand what makes REI work.3.

I have a solid foundation on the math and sort of, logic behind it, but I know I need to learn the market and, when I'm ready, start small.

Don't forget to do your own homework on what are the costs of being registered in NV.

Do the math th, the agent gets 3% of $10k which is $300, so minus $395 that means the agent Pays $95 to do the deal for you.  

If you are interested in investing in Lancaster city, I would recommend doing your homework first to find the areas of town where you would be comfortable living and focus the search there.