I'm still making mistakes every day and learning all the time.

Learn from other's mistakes...it's much less painful and so much less expensive.

@April Littleton Take your available time to learn to evaluate house deals, repairs, neighborhoods, etc.Two of the big mistakes I see people make are overvaluing the house, and underestimating repairs.I just helped another beginning investor buy his first house.

Newbie mistake.

Hit post by mistake — sorry everyone.  

The mistakes that stick out are primarily from the 1st year, especially renting a so-so unit to so-so tenants.  

Do deals and write about them - share what you're learning, earning, even your mistakes here on BP- once you vet out the BP member, and you vet let's say a deal they bring to you, JUMP and do the deal.

We are not averse to looking into investing in other cities with recommendations  from BP members and after doing our due diligence.Our plan is to buy and hold and generate a target income of $10K/month in CF over the next 10 years for our retirement.We purchased a TH in Fishers in July while we were in the US and I wish we would have found this site prior to that purchase( (buyers remorse).I believe the following have been our mistake and would welcome any feedback:1.

Will you make mistake, miscalculations?

Swanny Agree with you Swanny.Saying all of midwest (or all of Cleveland) is a money pit is hasty generalization.Charles, you just made a mistake in investing in the wrong area of Cleveland.I love Cincinnati and made MILLIONS buying apartment buildings there.