You may have real estate worth $1M but when you factor in the mortgages that have to be paid off you are left with a small percentage in many cases.

However, having another job is going to be one of the biggest factors in this, particularly if the other job is full time.It is honestly very difficult to say with a straight face that you work 40 hours per week in a job and 41 hours in real estate without pretty much anybody raising an eyebrow at it.The other issue is, even if you don't have a full time job elsewhere, being able to honestly say that you spend 14 hours a week in real estate is also tough if you aren't in the middle of a remodel almost continuously.I'm not saying you don't qualify.  

Also factor in that if you sell while it is your personal residence then you would pay no tax on any profit from the sale.

If you are only putting 5% down I would suspect that would be a factor. 

I would also recommend that you factor in the following: NOI, ROI,  Cap Rate and Cash on Cash ReturnI would recommend that you download the Buy and Hold Evaluate Spreadsheet from BP files and then punch  in the numbers on all those properties so you can do a side by side comparison............remember this is the initial analysis based on pro forma which will most likely change once they have given you the actual.

That is, you're spending more money than you will ever get back when you sell the home.One of the big factors in determining the market value of a home is the market value of the homes surrounding it.

We indicated that there would not be any real estate fees or commissions paid out so everybody could save money and that we would pay sellers closing costs so they would know how much they would get at closing.All these factors helped to build trust.I will do it again in Mpls within next week, because we are doing 1m flip in Kenwood neighborhood in Mpls.

Schools in The Woodlands (I think Conroe ISD), Cy-Fair ISD, and Katy ISD are sought after school districts, if you are looking to factor that in.

Anything that constitutes a major inconvenience to the tenant, such that a reasonable court would find one negligent for not addressing quickly, constitutes an urgent maintenance need.Example of the former: leaking water, gas, exposed live electrical wires, smoking in electrical panel, dangerous leaning tree, etc.Example of the latter: poor heat performance of heating system; clogged gutters overflowing causing basement dampness; etc. 

Real estate is multi-faceted and knowledge is power and the only limiting factor is myself.