@Deborah Repaskey I'd personally up the amount of capX and repairs to 10% and 5%, respectively, however given that the house is <10 years old I can see where you're coming from there.

. $500 ea. in profit after loan pmt , taxes & Insurance and a small amount for maintenance fund are taken out.  

Overall it should not be a huge amount given that you will use some of the funds.  

If I pay $50 for the Sheriff to issue them a 3-day Pay or Quit Notice, I list the unpaid charges AND the $50 service fee and require them to pay the entire amount or I proceed with eviction.

When a borrower is negotiating terms with a lender, he/she needs to determine the amount of points and note rate that will work best for their situation.

Insurance companies want you to be proactive to limit the amount of damage that occurs.Have a contractor assess the damage inside and out and provide you an estimate. 

If not for my wife, I probably would never have gotten into real estate.Oh and regarding vacations, my wife and I love to travel and so we do spend a considerable amount of money visiting other countries.

I am looking for a specific house (duplex) that needs a specific amount of work (<50k) in a specific area (around Auburn/Oxford, Mass) among other expectations.

For example you may need a certain amount of feet between the end of the lot line to the foundation.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.