What was your biggest obstacle when completing each property?

This has been key to help me bounce ideas, overcome obstacles, and hold me accountable.  

The front storm door was detached from the closer device and needs to be repaired.The front doorbell was inoperable and should be replaced.BasementThere were a few cracked floor joists in the 1070 basement that should be repaired or replaced as necessary.

These are the numbers:Duplex in LBCost:         $550,000Repairs:   $40,000Total:        $590,000Down:      $118,000 (20%)Monthly mortgage + utilites, taxes, vacancy rate, etc:  $3,300.00Monthly total rent:  $3,600.00Cash flow:  $300.00Caprate:  4.9%The property is in a Class B neighborhood.  2 Detached buildings on a lot. 

My bet is your going to run into financing issues quickly and that will be your biggest obstacle.

I would love to network with any investors involved in those areas.My initial obstacles in my area have been the inability to acquire thorough rent rolls and the applicable cap rate for the particular market.

Please include details on how you got there, what was your toughest obstacle, what was your favorite part, were you satisfied with your profit, and how has your success been since your first flip or wholesale.

Its an old, stable neighborhood, mostly detached brick bungalows.

Despite the lack, I'm very confident that I can overcome these obstacles. 

The main obstacle you will face right now is the amount of mortgage you can qualify for, which with your income could be around $60,000.