Purchase price: $223,000 Cash invested: $20,000 Sale price: $365,000 First property while still active duty.

That experience you gain will be vital to your continued growth.

This approach ensures that vital work is completed within your budget.Research and Plan: Thoroughly research the materials, fixtures, and appliances you need for your rehab.

They have a fiduciary duty to all their clients.  

.• Another popular view which I do not understand is that it is vital that you buy properties at xx% below market value.

I did, but it was while I was active duty.

I want to share my experience, and hopefully can get some feedback on what I can do better.Before we start a little background about me.My name is Theodor Chung from Federal Way, Washington, I went to the Marine Corps at the ripe age of 18 and finished my active duty at 22, after I got out I joined my family business (restaurants, bars, small commercial property management).

The key is to make sure that you have proper systems in place.Your agent helps you find deals, they are your eyes and ears and will surely provide you things that you need to fully be informed about what you're getting yourself into.You can learn more from David Greene's "The Core 4 Members Vital to a Profitable Long-Distance Real Estate Investing Team" from this link here: https://www.biggerpockets.com/...

You have your criteria posted on your ad, which is vital, and you are sticking to it- stay strong!

In the agreement I made I stated that I am buying a home warranty for each house (about 500$ a year) and since the houses are renovated then it is in the PM duty to decide whether the house is tenants ready. anything that happens after that that isn't covered by the Home warranty is paid by me but i do take 15% of that cost from PM fee since that maintains three goals - the PM needs to make sure the house is tenants ready, second - the PM will come visit and inspect the house to prevent tenants' negligence .