I signed up for the free intro 1 evening class that was full of 'too good to be true' info so I was skeptical going into the weekend class but wanted to know more.

At that time, the remaining depreciation will be freed up and can be applied against my passive income that I make from the sale (but still not against any active income I make as a real estate agent). 

A beautiful chalet in Tobyhanna PA that needs some TLC to reach it's full potential.

So while those are the averages, of the ones that do it full time, the numbers are much higher. 

@Tonia Butler Kinsey what your agent said is technically true, but the reality is it could get very expensive for you.Tenant could stop paying rent, and you take them to court. 

Do some research and find the agents and owners of those deals and reach out to them.

If you have  leftover of $18.000On the escrow, is going the full amount reversal to your principal or the bank keeps the mortgage payment ?

I would try to find a short term/mid term rental friendly agent who might be able to give you super accurate feedback on the market

I sign as agent of the property or Regional Manager of the mgt co and all rents have always been paid to and gone through my mgt corp.   

^this is assuming you want to refinance based on the full fledged value after rehab/value add.