It's a machine, a process.

Again, it's all about analyzing probabilities and then executing a game plan that's right for you.  

The reason why i am pursuing this career is because my father passed up his own property management company to make sure he never missed any sports games us kids were playing.

That's great that you have an accounting background, since investing in real estate is a "numbers game".

This is also a great time to enact things for tax savings during that year rather than playing the "If Only" game in the spring.If your tax preparer doesn't offer tax planning sessions in the fall, find one that does.  

Banks are at their old games again... loaning to people who shouldn't be buying houses, underwriting amounts that are outrageous and packaging and selling of off mortgages based on debt class.When I appraise a house I toss out the outliers (the lowest and highest sold) I then use comps like anyone else would.  

All was going great until tenant called 2 days age and said her discharge hose from the washer machine was backing up from the drain behind machine.

There's lots of personal info there that could be used for identity theft (date of birth, SSN, current address) AND email is insecure (meaning hackers can intercept and use without anyone even knowing this has occurred.One secure means to electronically transport that kind of data to you safely and securely isFAX ITA fax comes directly from one fax machine to the other without being stored anywhere in between. 

The objective of this post is to unite all other young investors who are new to the game.

But - if you have short term flips ( less than one year until sold), short term wholesale sales, etc - and if you do more than the IRS deems "part time" or "singular in nature" - the IRS can label you as a "Dealer" - if so...game over.