The cost of not having an education in this business far out weighs the cost of having one.So I recommend that you do your due diligence and find a good course or mentor because they are out there and a good one is worth his/her weight in gold!

On a personal note, I do not favor contractors who do not charge for estimates as a normal practice because they are not adding true value to their field and not to be trusted.

Up to this point, I'm getting my information from a plumber who verified no leaks in the current piping, and that adding gutters would probably fix things - but there was no way to know for sure until installing the gutters and seeing what happens after a heavy rain.

Instead it would be a LLC and the cash flow would be added onto yearly income.

I'm not the type of person to read books about taking action and forums ad nauseum.

Always good to scan CL rental ads for that area as well.And yes, it's a great idea to always purchase/rehab rental property with 20% equity if possible (created through some combination of motivated seller, distressed property, and/or rehab).

Some of that vehicle expense could be added back if he is not leasing the vehicle.

Many people would rather earn less than 100% of the NOI, but be doing it on many times more properties (leverage).As an example, if I offered you 15 full gold bars or 50 half of a gold bars, which one would you prefer?

Ad could read (move in ready, just bring the cigarettes!)

Also Jon Klaus and Bryan HancockAs far as marketing, put an ad on Postlets!