Keep in mind that the maximum amount includes utilities.

3.Any tips for managing cash flow and leveraging existing assets to keep growing my portfolio?

But if the land investor is worth their salt, there should be enough meat on the bone for you to justify that cost, as we try to sell at 70-80% of market value to keep the velocity of money up.  

Keep analyzing those deals, keep improving your knowledge, and keep looking for those creative opportunities.

Keep my debt/income ratio down!

Good luck and keep us in the loop for what you find! 

Keep working your 9-5 for now and set aside money for your next down payment.  

Oh, and they keep 1/2 of late fees.

This way, you get good cash flow but still keep some money free for more chances to grow your money.

We're seeking a 2-family house with parking for at least one vehicle and close to public transportation.