These 4 homes just appraised at a total of $240,000.

Primo_Coach thanks, I think i am going to start from a 6 month period first like doing my first deal. work schedule: mon-fri 6am to 2:30pm work on my rei business schedule: 3pm to 5pm total hour: 10 hours with in those hour I need to find out whats gonna get me ahead and not just get me by.

As I read it, you're managing to put $13,000 total down.

She will most likely foreclosure once this loan recast itself and she has to make the total AM payment.

A new $4000 furnace will wipe out 20 months of "cash flow".A duplex you could buy for $50K and rent for $1300 total would likely be a good deal.

I guess you could look at the total for-sale inventory 10 years ago vs. right now.

I am an owner of two fourplexes in the Keeneland Park development in Boise and I totally agree with the advice that Janice gives here.

Let's say that you could get a guaranteed $1,000 a month rent on a property (now remember this question is totally hypothetical) and you were magically guaranteed the best renters, no vacancies, no repairs needed, minimum maintenance--in other words your dream come true rental and obviously something you would never plan on happening--ever.

It's totally off my books for now.

We are now over two years into the investments and after some evictions here and late payments there, all five homes are filled once again and cash flowing around 700.00/month total.