Be sure that is not the case if you choose to go that route.A heloc is a great tool if you can have access to it in order to do the updates needed.

This was before many of the tools available today and before AirBNB.  

I've been pouring over the resources here on BP, read several of the BP books, listened to hundreds of the BP and Straight UP Chicago podcasts, poured over the SAAS tools, started comping and evaluating deals and found several Meetups to attend.

Private and hard money are great tools to get you into good deals. 

During my analysis with the rental property tool, I assumed a $3,875 Down Payment and 1,200 closing cost.

It is an amazing wealth building tool!

Estimate time (in this case you know 1 guy / 2 weeks, sounds about right with odds and ends)80 hours times $30 is 2400 in handyman labor, that's 4,800 a month including truck, tools and taxes - income is so low, he would not qualify as a tenant for us

Motivation is a great tool and should be leveraged when you have it.

I have ones for evaluating a deal (and have used those tools her in BP). 

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.