I'm just looking for others who are also using this strategy so I can decide whether it's worth it, or if there is something I am missing either way. 

As they say, your network will be your net-worth.7.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

This cap typically remains in effect unless there is a "change in ownership or control" or a qualifying improvement to the property, among other exceptions.

Assuming it is an REO, they are typically offered with title insurance.

I know newbies who are paying $10,000 a year for coaching for a year now and they haven't put in offers on properties - yeah, they have a cheerleader coach but to me it's not worth it.

Have done tons of research into taking loans etc, but probably settling on getting 20% DP and 6 months worth of monthly costs (maintenance/mortgage/utilities).Started looking to my state laws and saw I need 3 years experience to even get a MN broker license and was wondering how I should go about that.Does that mean I have to sell houses or is there a way to become an employee under an existing property manager?

The property is in Bucks County, Pa.The $300 isn't even worth the aggravation to me but at this point I think I need an attorney to guide so it doesn't balloon into much more.

I wanted this property due to location but unsure if it’s worth to risk due to high monthly payment. 

Can anyone answer the typical payment lag for ACH or credit card processing?