I had read the BP books, and done everything right, so that when this opportunity came my way, I was ready!

You should both read Lend to Live: Earn Hassle-free Passive Income in Real Estate with Private Money Lending.

Hello BiggerPockets Community,I’m currently exploring the real estate market in Reading, PA, and I’m particularly interested in rental properties that generate cash flow. 

Especially if you will be acute care and within the hospital walls I imagine you will run into many traveling professionals to lease to. 

Be careful about trying too hard to satisfy tenants.

If there are additional expenses they need to be taken into consideration such as if you are paying for water/sewer, gas or oil, trash, plowing or lawn care, HOA fees if there are any, CapEx, maintenance, vacancy, mortgage, taxes.

Things are tight with day care, mortgage for personal home, and kid #2 on the way.

Check the rules and the accounting carefully once you have it under contract. 

Worth a read for all you prospective homeowners/investors.Bottom LineThere is always reason to be positive!

I hope by the time you read this, the property is already leased.