and remember ... you can always come down on price, very hard to go up!

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.

Right now Charlotte has been a pretty hot market in certain areas so those numbers may make sense but other areas, like the west side of Charlotte it may take a bigger discount to entice a buyer.Also remember that the 70% of ARV - repairs is what the BUYER wants so you will need to factor in a number lower than that if you expect to get a finder's fee.

I remember mowing our lawn one week during Christmas break and calling our parents in Idaho and Utah and they were shoveling feet of snow.

Now that you notice the other two properties, after you get with your attorney and understand the impact of the law suits, remember knowledge is power.

Remember, the agent has one thing you don't -- the trust of the seller.

Mike,Just remember, it's all relative.

Remember you do not have to own a property to profit from it.Good LuckPaul

If I remember correctly, for my mortgage, just making one extra mortgage payment a year knocked 7 years off of a 30 year mortgage.

Remember you don't have to own a property to control it.Good LuckPaul