I recently found a house in an area I’ve been looking... it’s a beach community where you have million dollar homes and $350k homes (some have waterfront views, others are bungalows).

Hi BiggerPockets community,I have one rental that was purchased using a loan from my family. 

Great to have you in the community

@David Glascock Welcome to BP community!

And even then, I am only grabbing the distressed properties so I am buying 10-15% below the current market prices in that community as a result of a short sale or foreclosure. 

My partner and I are looking at one in Houston with the expenses and deductions totaling ~45% of the gross potential rent of the property:That includes 10% for vacancy allowance15% for planned and unplanned maintenance (lawn, CAM, repair allowance)7% for property management12% for Taxes and InsurancePosted deals often excluded expenses, so I want to ask the BP community for wisdom.Questions: To the experienced eye out there, how does those expense %’s look?

I'm 21yrs old & looking to build deeper relationships within the REI community near Tulsa, OK.

Looking to Bigger Pockets community for some ideas and advice about what comes next.I'm finalizing my 9th investment property this month.  

Thank you for the value this community has already provided, i hope to return the favor soon.

I would like to start Real Estate Investing, but do not know which community I should start in.