Knowing it means understanding what the potential (real) cash flow will be, based on what you are looking to pay. 

Lots of valuable insight on this thread already..Since you are an agent, you are in a good spot to source, close on, or sell potential BRRRR deals. 

You want to be protected from all losses and the rent check not coming for a year while the unit is being rebuilt is one of those potential losses. 

@David Denney, you've got another potential problem besides the 1/3 partner that you're keen to move on from. 

Being new to the REI world, I'm eager to connect with fellow investors, real estate agents, and anyone with insights into the NC market.Whether it's grabbing a coffee, enjoying a drink, or visiting potential properties, I'm open to various ways to connect and learn from each other.

My biggest fear is getting on the phone with a potential seller and not being able to articulate or persuade them to sign a contract with me.

If I potentially need to move away to be on site, is there going to be any problems regarding the FHA loan?

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

There is a property that I'm making an offer on that has been sitting on the market for over 80 days. It is a great deal: my all-in will be around $105k and the home will rent for $1400/month.I think that the only pro...

Your potential return is unlimited, but for this you get to deal with toilets, tenants, and termites.