She's hesitant because we're still learning the ropes regarding everything in the BP Beginners Guide.I'm hoping that some of you would be kind enough to review this and let me know if you think I'm on the right track or if I'm way off and if... my wife is right and we should pump the brakes for a few more months until we're more familiar with everything.Here we go...Two duplexes asking price (AP) - $120,000 (so let's say for the remainder of this post we use the AP, but we'd probably make a lower offer, which would generally make the numbers better. 

If the lender puts the brakes on us, oh well at least we already have an umbrella policy.

Kinda like going into business of car repair, without understanding the basics of cars you're sunk, specialize in brakes and that's all you can do is just brakes.

A "Good" job here is a guy who who went to Engineering School, and refined brakes or hydraulics systems in your car, RV, truck etc.

Hi @Lindsay Brake, I had the same issue but luckily the appraiser was able to find comparable homes that had sold nearby and appraised the home at 183K.

Note: hydraulic pressure is instant as soon as the engine starts, air pressure build up on a truck (for the brakes) takes less than a minute.Exhaust fumes/air don’t get “sucked in” through the ac compressor unit.....stating falsehoods just diminishes your credibility on the true things.

Houston was the first market I was looking into and came close to buying a condo in the Alief area but put the brakes on right when Harvey hit. 

Having said all of that, I think you should ignore everything I've said IF it somehow puts the brakes on your desire to get started.

Typically with residential it takes property 3-5 years to brake even and cash flowing slightly after 7-10years.Now with the 40% deposit requirement you may cash-flow a bit faster.I suggest you take @Dean Letfus on his offer.

Pump your Brakes their Scott Hubbard1.