("Play stupid games, win stupid prizes" is a military saying derived from, for example, popping a drug test a month from an honorable discharge after 3 years and 11 months of doing what you're supposed to do)

Test Post

That means you'll be testing the waters with every deal.

My favorite thing to do when learning a new skill or job is to watch/listen/participate with everyone around me that is involved, take in the way that each person does it, let it all sink in, and turn it into what works best for me.I have had a few different types of jobs; I laid irrigation pipe for 3 summers, I was roadie for a local band that toured Nebraska for about 3 years, I worked in a warehouse of a carpet shop for a summer, I was a line cook in a scratch kitchens for 10 years (this is what I owe most of my quick-on-the-fly thinking skills from), and I am currently a Journeyman Electrician (7 years in the trade) I am taking my Electrical Contractors test this month and if pass that I will be able to pull all my own electrical permits.I have a wonderful family (wife and a daughter) who support me in all that I do.

With the 5% program essentially gone the only option for low money down being FHA... with low loan limits and hard to pass self-sufficiency tests the program is very hard to do. 

Getting started, have a few more to go before I can test.

I mean if the properties seem too good to be true, could that be because the chances of finding a renter could be slim? 

So it's probably a good idea to schedule the inspection such that you have plenty of time to fix things they find, or hire someone to fix things they find.If your property was built before about 1978, the housing authority may require you to test for and abate any lead paint. 

You can have several "good" years when nothing happens, followed by a year with 3 HVAC failures requiring replacement, 2 long vacancies + 2 serious make ready that will suck all the reserves and cashflow and push you into trouble if not careful.And last, I suggest you run regularly a "stress test" on your portfolio - what happens if you have X amount of vacancy at the same time, accumulated with Y of roofs replacements or HVACs in the same period? 

Hi Everyone I have fixed the oil tank air/vent pipe with rubber coupling and fill/service pipe with aluminum tape and compression coupling, but I have not tested it yet by filling it with the heating oil.Is there a code violation in this repair?