You have to be a people person and willing to learn every aspect of insurance to succeed.

Investing in real estate is just a general term.....make a plan, zone in on 1-2 different aspects of real estate that you can actually do.

@Don CarbonDon I think the most important aspect is the wood selection when buying the cabinets -- Get Beech or Oak - they are the 2 species of wood you can get that will give you the most hardness for the dollar.Dont get poplar, knotty alder etc -- Maple is ok but will be expensive due to the wood and is not as hard as Beech or Oak.I'd just get them prefinished in a stain from wherever you order them.  

Hi Angela,As a mentor I would agree to help people that can help in two crucial aspects of my business.  

So your options are just that of any other property-- hold forever and keep collecting the cash flow, hold for a while before big CapEx things start going wrong then sell, sell if you see big appreciation, sell if you just want to because you want to...whatever you want to do.But it sounds like more of your question is about the money aspect of it.

Most of the aspects considered when analyzing areas to buy rental properties in are qualitative which I understand but I am trying to look into some numeric info that can also provide me with direction.Thanks! 

It tells them that you are serious about your business and are interested in keeping track of every penny you spend, by keeping expert reporting on every aspect of your investment properties.

Perhaps even a seller finance situation would be more attractive to him for the monthly cashflow aspect.

The most fascinating thing of late is all the aspects of our lives that we take for granted and just do.

The taxes aspect is going to hit you no matter what improvements you do to the property (government always wants their cut of the money too).