That's the number that's totally going to screw you if you get it wrong. 

As a total beginner, just about everyone I've talked to has recommended Bigger Pockets.

If you are using the 1% test (rule), that is based on the total price including repairs.

If the property manager is so careless that he would provide you with a contract that obviously negatively affects him, what does that say about how he might draft contracts with your tenants?

I wouldn’t be devastated if I lost money, but I’d obviously prefer to guess the market correctly and make money.

An appraiser is obviously going to inspect the house and our concern is that we then would not be able to finance as a duplex, not to mention the added property taxes.Listening to Brandon Turner's The Book on Investing in Real Estate with No and Low Money Down, we thought maybe this property would be a perfect candidate for seller financing?

Obviously, the key is in the psychology of them verbally agreeing to do something you have asked them to do.

I'm very mature for my age, I have learned a lot and will continue to learn, and I am (obviously) incredibly ambitious.

I've obviously been convincing because at least one of them has asked if he can buy in on the next property.

At this rate I should have four houses on my own and three more with the partner by the end of the year and if I can double that total I won't have to work anymore.