Especially since you own nearby and are comfortable with the neighborhood.

I'm not suggesting that anyone should abuse this position, but it's comforting to know that I have strong laws and court systems to turn to if it goes south.I realize from a financial perspective, it's a loss going the eviction route, but part of me is really enjoying the whole process.

At 25 you've got at least another 20 years of investing and if you wait a year or two, and then start a snowball effect to buy more in year 3 or 4, you will feel way more comfortable building your empire!

And as the average household has become more and more comfortable with the Netflix medium, this was certainly the death knell for Blockbuster.

You have a good plan, just remember to buy what you can comfortably afford, and I think a great option to think about for younger investors (when you're financially ready) to start with is to consider a multi family, live in one, fix up the other, welcome to real estate investing :-) Just an idea to keep in mind when you're ready, but good luck and happy learning.

Only you can figure that out based on your resources and comfort level.There is a landmark building on the square of Springfield 8 stories (I think) that was a department store when I was a kid that went on the block.

You should have a firm handle on the area of the city you are investing in before you ever make your first offer, and you should be comfortable with the decision to purchase in that area.

This requires fixing one basement wall that was damaged during the driveway job this spring.Moving the kitchen to the 1st floor bedroom and opening that up into the dining room to creat better flow and function.

Like I said, I believe rating rentals is subjective and relative to where you are, where and how you were raised, and the people are comfortable around.

Once you find one you feel comfortable with you should have them run your scenario and explain any obstacles you may need to hurdle.