your chance to truly be successful will be very slim if your only looking at $50k properties and that is for any market.  

I recently passed my RE test on April 6th.

If it passes this test I consider how much maintenance might be needed, initial OOP for any repairs, area, etc.

@Justin HoweSounds like a good plan that is very ambitious - A couple things I noticed:The margin is pretty slim for you.  10k over 2 years on 200k is GREAT if you're not putting any of your own cash in - but if you're putting any money into it you may be able to do better elsewhere.  

As they say;  chances are slim and none, and slim already left town.

States are coming down on private water systems, requireing alot more chlorine and samples sent to testing.  

It still meets my 1% test but has added advantages :a.

I have a couple of questions regarding the process:1) How many hours of study are enough to pass the test?

The septic inspection tank and load test went well however one of the covers was broken and needs to be replaced to get the system certification.

I remember in one of the podcasts you, brandon, said that we investors should, or possibly another investor you know, said that he only puts quality into the rentals in the hopes that the things will endure the tests of tenants; here in lies my (our) delima.