I ran the numbers through the Rental Calculator, but the situation is more complicated because we flipped them, live in them two years, then rented one out (7 Oak) and sold the other (Upper City).

E=mc2 is also a formula but like a cap rate it represents a much more complicated concept.3. 

Prices are too high here and the tenant laws to complicated and restrictive for a newbie like me.

I'm a huge fan of Aaron Calhoun at DblCheck, he's done two inspections for me so far and both have been worth every single penny; the first deal I backed out of due to the amount of repairs required that I would not have otherwise known, and the second deal I was able to get a much better price on because of the stuff that was uncovered.He's honest, patient, thorough, professional, and able to explain complicated things in a simple to understand way.

As an owner of investment property your taxes are now more complicated, the $100.00 you were paying to your tax preparer is now $350.00.  

Going the way of claiming a lease is a fraudulent document is potentially complicated.

The first step is to decide what you want to accomplish through real estate investing.Then just dive in.It can be as simple as renting a room or adding a rental suite to your existing home.or as complicated and big as you want to get.I enjoy answering tenant relation questions, if you ever have any.

I went through a lawyer in AZ setting up my LLC, but it was more complicated because I also set up a living trust for all of my properties.

Some advise to take out an LLC for each unit, but that can get complicated.

In a lot of ways the smaller deals can be more complicated than the larger ones.