That messes with my plans to get back into using owner financing as a deal maker. 

Its not a big money maker but it makes decent money...anyway, my mgmt team takes care of nearly everything and I still get good money. 

Once you find a good "team" to support you, you can focus on the big money maker of your business - the investment piece.

I am a young real estate investor looking to expand my real estate holdings in order to eventually make real estate my full-time career.

Kind of like if you are a Market Maker and you Wholesale properties that you picked up for less than half price, some how and are dealing them to the...Flippers who buy the Corn or House for one higher price and do something to it to sell it at a higher price which may not even be Retail.

But her community has 4 club houses, indoor and outdoor pools, shuffle board courts, tennis courts and a lot of other things going on in that community.So that would be the biggest thing you would need to look at, is if the cash flow is there during the seasonal months...  

Speaking of #8, if you want high dollar rent rates everything from your sofas through your bed linens through your coffee maker have to be "4 Seasons" level.

Capital expenditures includes things that will absolutely need to be replaced at some point including your roof, hot water heater, appliances, HVAC(s), floors, carpet, plumbing ,paint (indoors and out), etc.

I know this would not be a "money maker" per se, but my main objective would be to simply acquire a discounted home in this hot market, and let someone else "buy" it for me.  

All 2 bedroom unitsRents: $600 per doorMarket rents: $1100-1300 per unitRehab budget: $175kOther measures being implemented to increase NOI: Energy efficient LED lighting indoor and outdoor, RUBS, coin laundry, storage units, pet feesProjected rehab time: 6 monthsProjected ARV based on 7 CAP: $1.2mProjected cashflow after cashout refi: $400 per doorDeal#3Cost per unit: $55kRent per unit: $800-850/mo per unitProperty type: 4plex in Cincinnati How we found it: off market through Facebook groupStrategy: 1 year House-hack followed by 5-7 yr hold rentalFinancing: FHA loan 3.5% down @2.375% interest rate2 units owner occupied, 2 units rentedRental income covers all expenses and mortgage costsIf all 4 units are rented, property to cashflow $200-250 per door as-isLearnings:1) Mindset shift Reading Kiyosaki's Rich Dad, Poor Dad and Cashflow quadrant motivated us to - let go of our liabilities and build assets, move from Employee quadrant to Entrepreneur and Investor quadrant and put us on the path to create passive income.  2) Education - We spent a year reading books on real estate investing, listening to podcasts, reading BP forums and analyzing deals.