Probably not.) and a way to get learn as you go seasoning.

and how will i get myself into the 3rd property which i plan on obtaining shortly after, can i keep upgrading and keep the older properties at the same time, when does that plan run out?

A lot of mine are 60's and older.  

I know there is a seasoning requirement for funds so i plan to have the personal loan in place at least 2 months before the purchase and then show those funds in my account to cover the rest of the DP and reserves.

My dad has been managing them for awhile now, but as he is getting older I may be looking to exit.

So while it's somewhat competitive, you can still negotiate some.I keep telling people we need to wait until the Spring buying season starts to really fully understand if the last quarter numbers were a direct result of the oil/gas price drops and resulting layoffs, etc., or just a function of that time of year being historically slow.I would love nothing better for my investor clients than to have prices normalize and/or lower, but I still think it's too early to tell.

Below are some generalizations about ongoing maintenance costs:• Older properties require more maintenance than newer properties.• Composition roofs require more maintenance than tile roofs• Properties in climates with hard freezes require more maintenance than properties in milder climates.• Properties in locations with a lot of moisture require more maintenance than properties in dryer climates.• Wood siding requires more maintenance than aluminum or stucco siding.• Properties with lush vegetation require more maintenance than properties with little or no vegetation.Below is a typical Las Vegas single family home.As you can see, there is not a lot to maintain. 

I had a older black woman ask me after several conversations about buying her home if I was black (we can sense it, lol).

We don't see the $50-100K appreciations as the seasons change here like AZ might...

:)I look forward to sharing my experiences over the last 12 years and learning from the real seasoned investors.