The 180 per year includes the main meeting, store stuff, and a few side meetings. 

@Chris Grenier , I was just listening to Rod Khleif's Podcast this morning and a point was made that if you are trying to target retiring investors, you should use a marketing channel that reaches them (i.e.

I'm doing this one by owner because I want experience in every part of a flip, and as I get more established will probably use a realtor.My question is for those that have done by owner. 

@Matt Boyle days on market are typically less in IN just cause the market is a little smaller and as far as rentals go it shows a higher profit cause of taxes being lower. 

However, I am seeing some mold in the shower ceiling and a little under the master bathroom on the first floor.

The listing agent does NOT represent you as the buyer (they might be able to represent as a dual agent), and as a result does not need to keep anything confidential or provide you anything other than the facts of the property. 

If you get a company to do a straight demolishing it can cost more money.If there were cats and mold with constant leaks probably have to strip all sheet rock out and a get clean cert from a mold company.

This afternoon I went online and created a LLC. for this rental property and a side business that I started earlier this summer (the side business is totally unrelated to real estate).

All of the above is helping me build experience and a network within my local real estate community and earn some money on the side to put towards future investments.

Get a professional tenant and you could be in for death by a thousand cuts. 2) Not knowing your numbers - If you buy with the wrong numbers you can get in trouble quick. if you just assume that you buy for X rent for Y and pay Z in mortgage, insurance and taxes you will be in for a big suprise when things start breaking etc. turning your good investment into a money trap3) Related to number 2 and a fairly common one if you spend all your profits and don't reserve when suprises hit you will not have enough money to cover it4) Not keeping up the property - No one wants to live in a dump, a slum lord attracts slum lord tenants and this can eventually catch up to you5) Speculating  - This could go very well or very bad.