That way if I do not want to sell then and interest rates rise I still have a healthy spread for return putting new debt in place.If you can try to negotiate a 5/5 with a ceiling.

In regards to a 203(k) loan I heard they can be quite cumbersome, and time consuming.

Another book I would add to the list is the 4-hour workweek by Tim Faris, it's more about business and is a down and dirty guide on how to implement systems, and how your life will be consumed by your business if you.Again, welcome! 

I've been lurking on these forums and consuming all the great resources BiggerPockets has to offer for over five years.

Houses like this typically consume 40% of the rent in operating expenses, and you self-manage to capture the 10% management fee yourself. 20 houses @$50K each = $1 M.  

@Melissa R. figure out how you best consume information first, then go and find the information available there.Could be books, podcasts, audio books, videos on YouTube & social media, could be meetups/small groups, could be 1 on 1 meetings, etc.Then find the person/people you resonate with and see if they have information in that medium and start consuming.

I’ve already used the free sites like fastpeoplesearch and a lot of the numbers are wrong, there are multiple people who share the same names, and it’s very time consuming having to look into tax records and llc searches.

I’ve already used the free sites like fastpeoplesearch and a lot of the numbers are wrong, there are multiple people who share the same names, and it’s very time consuming having to look into tax records and llc searches.

You need a healthy cashflow margin. $1 is not enough.

I mean it was time consuming.