The tenant had not paid the previous owner over a year, there was no lease in place with the previous owner, the property is in shambles, garbage everywhere... not livable.The utility company has shut the power off, for how long I do not know...

As the heart of LA gets increasingly expensive, more professionals are moving further south toward the 10.As to your question: yeah, for any traditional loan, your income is going to limit your borrowing power.

Too many ways for it to get messy with whoever becomes his power of attorney.

I generally avoided paying for any systems because of the power of the internet these days.

And hey, if that addicting Home Depot scent inspires you to BRRR, more power to you! 

I'm not sure if some investors simply do not know that about Philly, or they are just married to Zillow values.Would love to hear everyones thoughts.Dan Powers - Real Estate Agent

But as a younger real estate investor this is really helpful seeing the power of appreciation over a long period of time.

The alarm has battery backup and will notify us of power or internet loss.

@Andrew Powers thank you for the advice; I'll make sure to make use of it!

Read a few books on real estate investing to learn the power of leverage.