I typically ask myself, "if I had 10 of this tenant, would I be ok with that or would I be pulling my hair out?"

Also have money in reserves to cover loses you would naturally incur as you build the knowledge you need to own the property.

Originally posted by @Steve Vaughan:  I don't think that wholesaling seems easy but as you mentioned it seems like more of a natural progression to move towards as an agent since im already doing similar things as a wholesaler as a realtorIn fact after hearing from you and others here it seems like i shouldn't really change much other than perhaps who im marketing to!

I sell to the local farmers market and have plans to have a CSA.Real estate experience: I bought my first single family  rental property for $9000 cash at now brings in a monthly income of 550 then pulled a line of credit off of that house and purchased a duplex that had a single-family home on the same lot for $14000.

The best definition I've ever heard of a credit score is "a numeric representation of someone's likelihood of going 90 days or more late on a payment in the next two years".That said, no one has actually has a score - until their credit is pulled, and then the resulting score calculation is based on the information available at that time.

I pulled title on a few deals coming up in the next month and I have a new question.

I didn't pull out all of the equity that I could have, just enough to buy the property I wanted.

Check with your tax professional about your individual situation and nature of your expenses.

Personally, I've been looking to buy for YEARS and just haven't found a sweet enough deal to pull the trigger on.

I have some money as I mentioned for down payment, but I'd really like to pull my money back out ASAP to free it up, what is the best way to do this?