I look forward to the education I will get from spending time on the BiggerPockets site.

The idea of spending money that I would never see again (renting) did not make sense to me.About 2 years after my purchase, I found Bigger Pockets while figuring out how to rent my condo.

Hi Bigger Pockets!I'm new to the investment world and figured it was about time I come with my hat in hand asking for some help from the community (I've lurked for long enough). I've been using the Rental/BRRRR calcul...

**Reposting based on Davids suggestion... Thanks David!Hi Bigger Pockets!I'm new to the investment world and figured it was about time I come with my hat in hand asking for some help from the community (I've lurked fo...

The reason for NNN is I don't want to spend anything for maintenance/taxes or any sort of expenses.

First, Rentometer is great for a ball-park figure, but it doesn't take into account a lot of information on the house (type [SF vs. duplex], square footage, condition, finishings, etc.)I would recommend reviewing rental listings on Zillow/Craigslist that are comparable to your in-laws house so you can get a better idea of what rents would be. 

I appreciate you taking the time to review the deal! 

So, if you can increase the rents by adding value (renovating to increase rents or decreasing the expenses), you will force appreciation and increase the property value.So, you want to purchase multifamily properties that are under-rented, outdated, and are spending too much on expenses.

I would rather make a little less and still acquire an asset then lose out waiting for lower interest rates.Brandon Turner briefly mentions this on podcast #294 that people can spend a lot of time worrying about interest rates and potentially miss out on stellar opportunities along the way.

Handyman spends 2 minutes getting it unclogged.