With 5% down, a good portion of that will go to the broker.

Strange situation where a big portion of the jobs were building houses, and those were the jobs that generated demand for the houses.Meanwhile, back to Leesa's question.

You might have some hidden repairs in there - which again is another reason to get seller financing on a portion of the deal so you can keep more of your capital/cash in your pocket.5) re: Is it a deal.If you can get 8 units for 200k, then you're paying 25k plus an additional 4k to 5k in rheab.

Start exploring small properties that require small portion of your resources.

If you wait, the security deposit is rarely enough.If you absolutely can't have trucks running over a portion of the yard, then fence the area.

But I figured it couldn't hurt to bring up since so many people talk about "replacing their W2 income through real estate".Not to mention it's makes it easier to save/reload for the next purchase.Not to mention it helps your DTI ratio when you're talking to lenders.Not to mention you could use a portion of that extra income to pay a property manager.Anyway, just my random thoughts. 

My balance sheet is being net 'paid' $200/mo not including appreciation and the freedom to not have to ask the landlord if I can paint a room or have a dog and the freedom from rent raises and leases not being renewed.I could rent out my main house portion for more than my payment, easily. 

No, you will have to prorate the interest based upon the investment portion.

Years and years ago, he developed a large portion of the county in South Eastern PA where I live today.

That liability portion of the insurance will be about the same whether you have the property itself insured for $1K or $1M.