It’s true that freshly renovated properties should have lower maintenance costs in the first few years, but this doesn’t account for unexpected expenses.

If you want a second opinion check credit karma, ask your credit card or your bank.

I've met a handful of true PMLs. 

Well, I keep hearing "if you find a good deal, the money will come"....like it falls from the sky or something...lol #4 Is true. 

Hold on to the cards forever (closing accounts or opening new cards can impact your score).

A tax account ensures nothing is accidentally spent elsewhere, and a marketing account makes sure lead generation is always prioritized.From a credit perspective, connecting credit cards to these accounts on autopay helps you manage spending responsibly while playing the credit game.

That is not true, if you start too early and lack experience and then have a deal go bad, it can set you back 5 to 10 years.

I get a dozen post cards a week! 

The problem is this time of the year does not have much turn and the units available are not representative of your true competition. 

Quote from @Zach Edelman: Are you planning to occupy the property as a 2nd home or as a true vacation home?