Hi everyone,I analyzed the deal below and found out that if I had a property manager, accounted for other expenses, and put in an extra $20,000 for rehab costs, I will cashflow $270/month. 

And if you need to pay SOME extra tax on that EXTRA profit - what's  to complain about?]

I am looking for pathway to wealth and knowledge.

Thanks guys, appreciate the knowledge.

I currently do not have a CPA as I only own one rental property I just want to have a working knowledge of the area to make better-informed decisions on future sales of properties.Thank everyone for their time and support!

This is just really simple steps u can take that could generate money and everyone could started it if u have the knowledge and understand how to find a great deal.

Yeah I was thinking the extra lines may be what @Chris K. said, entity type.

This provided me with great accounting knowledge of the industry.. check.

you would be changing mortgage payments from roughly $955 to $1432, another $477. with taxes and other expenses, could a buyer make enough money renting it to be worth buying the property for the extra 100K

I know because of my age people might not take me as serious, so I want to get as much knowledge under my belt as I can.Do you guys have any advice on what I should be studying now?