As this is an ongoing project I don't wnat to discuss too much.

Do you think it's just a spurt of accidental landlords desperate to stop the hemorrhaging or an ongoing concern?

R&M and Capex would cover unforeseen items (redoing a unit, a boiler breaking etc.) as all the other expenses that are ongoing and paid for by the landlord on an ongoing basis would be in the financials provided and that I am going to make sure are repped to in the contract.

The consultant will generally want ongoing fees until the completion of the project.

Another member offered to invite me to a ongoing meeting in the South Loop.

They insist on going off of the real estate earnings shown on your tax return.

After I graduate I still do plan on going to college for a bachelors in accounting if I don't decide on full time investing before I get done with my GED work at my local JC.With that being said I do plan on making this my career one day and I'm ready to put all the work in to be at the top level of this profession.

--------------------------------------------------------------------------------William I was wondering what your costs were for Insurance, garbage, Water,  Electricity, Taxes, estimated mortgage (principal and interest), vacancy, on going maintenance all came to in total?   

This is a non-cash expense and is for the ongoing allocation of costs to large purchases that are usually purchased in prior years.

A job will do more for you if you need income.All real estate companies look for new agents (some more qualified and experienced than others) but that's an ongoing adventure for any broker who uses agency approach.