They do have savings built up, but I am sure even with the military PCS'ing them they will still have some expenses getting settled. 

Because he had a mortgage of $6k/mth and a car note of $2k/mth...in addition to his other household expenses. 

Adding to the number of properties I control/own, is more important than the number of dollars I make".Rationalization, is the most expensive word a REI can ever use.

What to do with 1099 income (don't need to it for living expenses) given that I am looking to invest in a property?

Last year I bought a slightly used terribly expensive nice truck and put 10k down on it.

Annual Premium - FHA loans have expensive private mortgage insurance premiums (which is required of all loans where more than 80% is still owed), tacked onto the interest rate.

Hi All !I am a new investor living in Queens, NY and just finished reading through Chapter 6 which spoke directly to me. It's hard to find something affordable to invest in as the barrier to entry in NYC is quite larg...

Typically this is going to outpace cash flow by quite a bit, but because of the lack of cash flow, you have to retain liquidity to handle any major expenses that come up.For instance... if you BRRRR a $75k home that rents for $900/mo and refinance all but $10k back out your probably looking at about $4,000 in cash flow over 5 years if you have a vacancy or two.

Los Angeles is so expensive that I need to partner with others with capital.  

With condos, you would have your standard HOA fee that covers few expense items.