@Colin DavisGenerally, there is a per meeting payment to cover the costs of renting out the space and/or booking guest speakers.

In the class, the instructor reads little from the book, and covered the real important points while giving more time to scenario examples.

One unit is section 8 occupied, with the government portion enough to cover PITI & management fee.

We cover the central heat, but will only heat the house to about 65.

These guys are perfect for me because I have no experience, my credit is not awesome and all of my answers to their motivational questions were “Absolutely.”We really hit it off.Again, no credit check and no experience, and I was approved for $250,000 per deal (which would cover purchase price, closing costs, rehab, the whole deal) and a total of $750,000 in order to have 3 deals going at one time.They were very excited to let me know that, and I soaked it up.

That will not cover a full month vacancy. 

You need commercial insurance to be covered.

May be save him 3% because you don't have an agent but listing agent commission is covered by agent listing agreement whether he brings the client or someone does. 

Here are the details45+ year old housenew a/c (6 years ago)New roof (last year)New electrical panel (6 years ago)New plumbing (this year) mostly new appliances (oven is old)New floors in about 60% of the houseThe numbers:Currently on a 30 year loan with 3.8% int.monthly payment is $1250Avg rent Comps are $1600 to $1800If I apply the 50% rule then it does not work, but taking into consideration that the main money drivers have been addressed would I still be in good shape if make the decision to not set aside as much for the expenses. does this make sense?

Also was hoping to get some recommendations for investment-focused real estate agents that cover Morris County and Essex County.