It'll cost you, but the time and effort saved is usually worth it.

You may be the saving grace for this wayward youth!

I am currently working to save money to purchase my first property and i am looking to do so within the next 12 months or so. 

You will need to save up more for the rehab.

During the process of looking for a house I came across one the Biggerpocket YouTube videos and absolute loved the idea.Instead of taking our saving and putting it towards a mediocre house that would appreciate in short amount of time, why not have the 4 walls work for me instead the other way around?

Not a single issue to date and saved a lot of money. 

New RE investors frequently try to save a couple hundred bucks by 'doing it themselves', and it ends up costing them thousands in taxes that could have been avoided.Best of Luck with Your Real Estate Investments!

Another challenge was to raise "X" of dollars in a savings account to cover a years worth of living expenses etc..My next challenge is to see what i can do first..1) Double the profits of my entertainment business2) Earn $9,000/month in net cash flow from Real Estate (not counting the investment property I already own)Here's what I'm planning to do in Real Estate...please chime in with any thoughts and/or let me know if we can work together.

Save twice what you think a turnover should cost in a reserve account used for repairs and turnovers.Good luck to you!

A common repeat question in this forum is "Where should I keep the cash I am saving for my first RE purchase?"