This would be my first rental property and if not its great practice!

I'm just next to you in Stone Mountain, and recently decided to do the same thing: Add an ancillary business to my law practice so I can actually build wealth through assets. 

It seems that in New Jersey this is becoming more and more of a common practice.

I know it will take practice, practice, practice but where do I start?

Can anyone please help me solve this math question? I do not understand it...a bank gives a mortgage loan for 80% of the sales price at an interest rate of 8%. the interest portion of the first month's payment is $192...

You have practically the whole year to plan but for those of you who are on the fence here's the 3 reasons why 2017 is the year for you! 

These broad rules of thumb make for fun blog posts, but are too general to apply in practice, and every deal is unique.  

I've read a few books and forms about the basics but nothing practical.

In fact I was happy about the whole thing (not about being told no, but that I forced myself to just 'try').I'm looking at this seller/house and situation/experience as practice.

typically shingles will run you $20/bundle (3 per 100 sq ft or 1 Square) for lower end, install depends much on tear off and prep or shingle over and prep, we have opted for Steel when ever reasonable to do so, it costs about 10-20% more up front, but will out last me, and does not have Ice damming problems we see with regular shingles in the north. standard shingles, you can expect about 1/2-2/3 the stated warranty actual life span, so 40 year shingles will last about 20 years, but steel, even 40 year has been known to far exceed the 40 year warranty, I can typically get a roof done in steel with a 2 layer tear off, and steel installed for around $4-6K for a 13 Sq roof thats material, labor and disposal, I just has a 11 sq one does with dimensional shingles (steel wasnt practical) for $2,700 including tear off and disposal. keep in mind, the cheap guy may not be the best value, there are a lot of hacks out there, and anyone with a pitch fork, a hammer and a nail gun calls them self a roofer.