@Edgar Perez it doesn’t affect FSBO; just can’t state commission amount offered to buyer’s agent in MLS any more.

I'm sure you'll find plenty of helpful resources and connections here.

Please click on the article below for suggestions to help you if you were caught off guard by the recent flooding.https://www.nerdwallet.com/article/insurance/no-flood-insura...

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

That in and of itself isn't an issue, I'm more asking how should I record that? 

Hi Brittany, I’m an investor myself and also helping a lot of other investors here in Charlotte and surrounding areas.

This has helped me understand my spending when I was saving for a downpayment, and now helps me track certain expenses I need to submit for taxes.

If you can buy a house for that 100k cash it should cash flow enough for both of the properties.OR live well below your means and save $500 to 1000 or more per month.

If anyone has any advice or can point me to a portion of this forum that would help me get my footing, I would greatly appreciate it!

The owner is a good friend of ours and agreed to do a deal with us if we helped him rehab the property.