If you deduct the debt service, you have $413/mth ... are you telling me property taxes, water and sewer (if they cannot be put in the tenants hands), etc are only $13/mth ($156/year)?

It would be a very sad thing for all the hard work he has put in to all be in vain due to improper planning.  

When I mentioned it my attorney he cautioned me that I (or rather my attorney) will have to put in a clause about what happens when I sell 1 property before the other... 

I have learned to watch my clicks and put in negative keywords.Second problem is that in order for me to rank up, I'm going to have to keep putting a lot of time in to my website, SEO, PPC... so I am considering bringing someone on that can do this for me and I can focus more on other income streams.For what it is worth, I've been using Investor Carrot as well.  

This would have to be put in writing from the company, a mention from a manager/boss is not enough for underwriting.  4.  

My advise, put in offers and get under contract.

You can use the bits and pieces of information that matter most to you and put together a nice spreadsheet that reflects your knowledge...and as your knowledge increases, build onto it accordingly.There are even plenty of free Apps out there that are simply to use BUT you still have to understand what to put in to them, why you are filling in that field and then be able to decipher the results it kicks out to you.I believe that's the point here...there is a time and place for "tools" to enter into the picture, but to use such tools without the knowledge behind you can result in false hope and potential unwanted consequences.Leaving all Bias and Prejudice aside, I trust everyone could agree that learning how to use something first is better than winging it just because it's there to have...no?

But if I could hypothetically put in $30K of my own cash and hard money at 1 year, 12%, and 4 points and still make $25K in profit, I'd do that all day long.

I put in about 10 offers on places in Seattle searching for my first property before I realized I was going to have to search outside the city to find the CF i was looking for.

I put in my offer and it was accepted by the seller.