Think about what you can realistically do now to grow your savings and build credit, at what point you'd have enough to take the next step, preparation needed to get to the next step, and five and 10 year or longer goals.I'm currently in a holding a pattern this year, so you could say my current business plan is to read more real estate books, be active on BP forums, post my adventures and ponderings on my BP blog, do more maintenance inspections on our rentals, dream ad explore five and 10 year options, and work to reduce expensive tenant turnover.

You can click on the "vote" button if you like someone's post or is helpful, and there are "awards" to earn on your profile.

You can click on the "vote" button if you like someone'spost or is helpful, and there are "awards" to earn on your profile.

Reducing risk is key to being successful in this business.

Any insight would be appreciated if you have used alternative services as other investors may benefit from finding a way to reduce trash costs or any operating expense as we are in the business to find ways to make more money.1.

You can click on the "vote" button if you like someone's post or is helpful, and there are "awards" to earn on your profile.

If you pay cash, you'll have a chance to possibly earn around 10%.

Only one current tenant is a poor housekeeper and that has nothing to do with their low income/Section 8 status.The key is, when you provide affordable housing (or any type of housing for that matter) you need to reduce your risk.

With big data I am able to reduce my costs, better manage my assets and as was recently pointed out to me, even make better purchases.

If you run the numbers, you'll see that your additional cash earned per month by an all cash purchase will not even come close to make up for the total cash out lay you made to purchase the house.