As several people have pointed out, some of your settlement sheet costs are capitalized and depreciated, some are expensed and some are none of the above. lets dig down a little more to see why each is what it is. 

(Also didn't want to limit my renter pool as short ceilings aren't all that appealing, and I couldn't afford to dig the flooring level deeper.)

I'll see if I can dig up that number. 

Hey everyone, just started digging into Brandon Turners book and I'm hoping to step into the real estate game.

We are digging deep into employment history, land lord references, social media, and local court records to find out if a tenant is likely to be a good tenant or not. 

Im headed off to dig into ways to get after this as I am not as knowledgable here (pull money out - as you mentioned; refinance to increase cash flow, etc.)Purchase price: 174Current Value: 252Rents:1550Current rate .0285Expected rate .031 

I will dig more in this logic. 

I just started getting on here and digging for as much information as I can.

This makes me so excited to keep digging and finding what will be my first life changing investment.

I dig a bit more and it looks like there are alternatives with Wyoming Statutory Trusty and Limited Partnership...