A 1 bed/ 1 bath is currently rented for $900, neighboring properties rent for $1200-$1/00 depending the condition of the unit.

My goal is to become a real estate investor, possibly buy and hold rental type, and reach a point in my life where I can have freedom to enjoy my day, and have the time to enjoy friends and family.

If you had an average property that remained in decent condition, it’s worth 5-10% more annually in year over year appreciation.I wish I’d bought a $13m 65 unit multifamily in center city philadelphia in 2013.

Make sure you understand the condition of the property and make a list of every single item that needs to be replaced or repaired.

It will change your life).. trust me ;)If you can record it, and post it on youtube, even better!

Also, there is a housing and rental shortage here and if someone wanted to rent a 4br home for $2,000, they should be able to do so easily if the home is in good condition and use a property manager.

I didn't know how soon that would be until my life changed over the summer, but no one wants to hear that. 

Before a tenant vacated a flat, he has to get clearance from the landlord and that entails returning the property in original condition, otherwise I deduct all repair costs from the security deposit.  

Purchase price: $38,000 Cash invested: $12,000 Contributors: Daniel Threlfall Probably my best deal in the Greenville, SC market, as it was one of our earlier investment properties and in excellent condition at the time of purchase, albeit it needs updated.

Purchase price: $38,000 Cash invested: $12,000 Contributors: Daniel Threlfall Probably my best deal in the Greenville, SC market, as it was one of our earlier investment properties and in excellent condition at the time of purchase, albeit it needs updated.