If they want to stay in your unit they will find the money and you will find out quick if they have the money or are just playing games.Lot's of times they have the money they are just shifting around to who will be sympathetic to them and not pay that person because times are tough and they still want to eat out and pay the cable bill.

.*** Handy and can DIY small flip projects, demo, flooring, kitchen/bath remodel, paint, walls, ceiling etc.Hopefully can get some tips from all the experienced investors here.

Any other tips or things I must do would be helpful too.Thank you.

So here's the combined numbers for both props on a monthly basis.Purchase Price For both Properties: $120,000Gross Income (both properties): $5,965Gross Effective Income (10% Vacancy rate): $5,368.50 Net Operating Expenses: $2741.31- Cable - $50 (it's gerry rigged)- Water - $435- Electricity - $450 (3 months during the summer its $800 a month)- Dumpster Fee - $185- Fire Insurance - $41- Property Mngmt - 7% (I will use professional management)- Taxes: $363.34- Maintenance: $800Net Operating Income: $2,627.19Capital Improvements: $25,000 (roof, foundation, paint, flooring)The owner combines all expenses for both properties because they are side by side.

Check out the forums under Starting out, you'll find  a lot of tips to get your feet wet in REI and overcome those fears, doubts and analysis paralysis you may have on your first deal. 

@James Marie hey man, don't get too down about it.Couple things:1) RE isn't for the faint of heart, so know that out of the gate.2) it took me 10 months to find my first deal, and I was pretty active in looking.3) Take the time to listen to the last podcast, there is a great tip on this at the end that is simply put and says it all.4) Really using the word "motivation" is the wrong thinking, motivation comes and goes, it's more of an emotional response of sorts.

@DMitriy Fomichenko Thanks for the tips.

Hello everyone,Does anyone have any tips for someone starting out in real estate about the best ways to find a good accountant to help you structure your investments and a good real estate attorney? 

It took time, wouldn't leave that practice for anything.Here's a tip, whenever you close, try and specify your realty lawyer for closing every time.

(then wholesale the home to a buyer/investor or seller finance it myself with a partner)IMPORTANT NOTE: At this time, I do not know where the cash will come from to purchase the home, but I know I can find that easily.My biggest struggle right now is creating a deal that makes sense for everyone in the transaction.Any creative ideas, tips, or flawed logic behind my idea is more than welcome.