NOT happening, Will need at least 35- 40k for each props with reno, Well I guess possible but will take years and its no likely Not easy to get started the first couple iteration but most things are more difficult at the very beginning.

Frankly, we prefer market rate residents so won't rent to new Section 8 residents but are happy to keep the existing residents that were already Section 8 residents.

You have 3 people and 3 cars, then you get a GFs or BFs so I have a car limit for the property to insure that you don't get some guy with 2 or 3 cars plus a couple significant others and you have a parking lot.

B) Maybe because of 'A', sellers' agents prefer them so if you're in a competitive situation, you want all the help you can get.General competence.

My friend said even if this person could be struggling and be late a couple of times a year or may not make 1 month rent once a year, since she is a long term tenant per her past and paid her rent without fail every month, and is motivated to make the new rental situation work for her financially, long term, if she stays 5 years, although occasionally could struggle a bit, I still will do better than most other tenant choices (frequent turn over, etc.)My rent is still covered by my past tenant at the moment even though the property is vacant as the Lease has stipulations for that the past tenant has honored faithfully.

@Joseph Pilolliwe're mixing a couple topics here. 

My goal is to buy my first rental property this year, preferably a duplex and would like to get to a point where I feel confident to put my money down and make my first deal.

It's more of a matter of preference in regards to time commitment, style of communication and access to tools.

Just look within a couple miles of your place for a similar property with the same amenities.This gives you actual real-world serious numbers. not some algorithm guessing randomly.

A Spanish contact was huge because my parents preferred language is Spanish so we sat down this guy and he helped us buy our first investment property in Jonesboro.