Always be willing to walk away, or, if you really want it you're going to likely pay above what makes the most financial sense to you based on pure math. 

You need to develop a base of knowledge.  

Anyone have thoughts on moving the two thermostats to the hallway, putting them on my phone for monitoring via wifi with a lock of of xx degrees, and including it in the rent?

It's a lot of phone calls and then asking for referrals from everyone.

Hi Shane, I want to tell you something from my research because it seems that we've been doing the same thing when it comes to educating ourselves on RE.Given that you already have 20k, which is around half of the down payment, try to leverage family and friends as private money lender in order to complete the down payment.Second, depending on how long you had your primary, assuming that you did not cash out anything from the equity, you can try out this option ( no need to cash out all, just cash out the amount that you need to make this deal happen).just my humble opinion based on what I have learned!

This is going to sound sacrilege but I think you should get a W-2 job in real estate based on your end game of wanting to be a developer I would look to work for developers, custom builders, surveyors etc.

Tenants can use credit cards or their phone to pay.

At the time of purchase I was not expecting property appreciation, but based on my purchase price, I can't imagine seeing any appreciation, even after 15-20 years.Thanks Kelly,Did you post anywhere else that I might have missed so I can also reply on those platforms?

Immediately if you want leverage to be based off purchase price + verified rehab. 3 months if you want leverage to be based off new appraised value.

Good data is more expensive and there's no way around itIncomplete data sets - if you're only getting a few phone numbers and a few email addresses you are missing out on deals.