That's why they post often, write articles, and create a great podcastSeeing someone want to move fast is always exciting.

I also wanted to say thank you to everyone who has contributed his or her first hand experience and made this forum into what it is today.

That's value where they sit today and the cash flow I am getting.

A San Diego homeowner contacted me today asking for help - his house was going into foreclosure and he wanted to see if I could help. 

My goal today: gain experience / knowledge / skills / network in the RE business. 

thanks everyone for the replies.we think we could raise the rent by $70/week or 400/mo incrementally at that point the property will have positive cash flow, I did another walk through today and handed in an offer, asking price is 180, my offer was 160k with 10k being refunded at closing to cover all closing costs, it is only going to cost me $1,000 out of pocket to close on this property with an FHA loan and a down payment grant of 3.5%.

I go at a much slower pace plus my town is really small so there isn’t a lot to work with at any given time.

For investors who want a 10% + RE  ROI, they can let property manager pay them a fixed rent and not worry about day to day management. 

Start making good decisions, which means hire and eviction attorney today.

@Mary Smith @Jim T.LLC's and Corporations are required to pay the $800 payment ahead of time.The $800 payment for 2018 must be made in 2018(not April 2019).Mary - California normally does not act that fast.