I actually would not mind a few more vacancies so that we could enjoy the units ourselves on occasion.So for our MB STR Oct is ~1/3 rent of July. 

I watched a video which helped explain some of the numbers, but I still do not feel confident in what I am doing yet.

I watched a video which helped explain some of the numbers, but I still do not feel confident in what I am doing yet.

If you want to be part of the 10% I'd recommend finding a mentor and learning from the top agents in your market.You'll learn so much just by hanging out with them every single day.You may not enjoy it at first but you're going to learn a lot and eventually be a successful real estate agent.

Watch some youtube videos on calculating how much you should be paying for an investment property. 

Last year, I was looking at 60k in income, I was semi retired, and still working part time,  just watching our investment grow.

From reading various forums and watching LLC university videos on youtube, the most common recommendation is you should set up an LLC in the state you will be buying the property.

There would even be better margin to account for property management to watch the properties if your children don't want to.To summarize, I don't think appreciation on your "war zone" properties will make you wealthy. 

I enjoy going to the BP meetups under the events section to meet other investors.

Hey Everyone,After watching and listening to many weeks of podcast and videos I'm ready and excited to jump in to wholesaling and want to network with other investors in my local area but have seen anything posted about our area.If anyone has any info I would greatly appreciate it.