Mastic is okay to use but NEVER in wet areas.

The numbers on it will never impress anybody, but I could probably write a book on the things that I learned which I could not even try to place a value on (probably in line with 4 years tuition at an ivy league college though).Moral of the story is to get in and get your feet wet.

She and her kids have broken numerous things around the house and she has paid late every month since she moved in.

I think your plan of going from SFH to smaller multis is a good one. 5-20 units means commercial lending, so you can be a bit more creative on the financing, however, it also means more management intensive, since you can't afford an onsite PM or maintenance guy.Maybe you should consider finding an owner-occupied 2-4 unit as well, so you can take advantage of the low FHA down (3.5%) to get your feet wet in multi.

Numerically, all you are really doing here is buying an income stream; the basics of which are fairly straightforward.

@Fuat BagseverHi Fuat,There are so many high cashflow markets across the US.Maybe look at purchasing another complex to offset your losses on the one you will closing on.I have been down this road with my portfolio in Australia where I owned numerous properties hoping they will appreciate in value.I have decided to not purchase a property anymore unless it is a heavy cash cow.Just my opinion.Thanks and have a great day.

I am 26 years old and I am really looking to get my feet wet with real estate and make it a career.

After High School I went up to The University of Florida and majored in Economics and Business Admin.Since then I have partnered up with my father and we now own a flooring company, specializing in carpet and tile cleaning.After working with numerous property management companies, as well as real estate companies, I have gone "behind the scenes" and have fallen in love with real estate.

Want to get my feet wet and doing all I can to have a positive experience.

There are numerous places here in Utah to learn and learn from.