Yea of course I dont want to lose my shirt and I am trying to be very conservative, but didn't know if typically snowball most of their 1st property cash flow and try to get the 2nd, 3rd etc before some of those big capex items come to fruitionThe property has a brand new Water tank, brand new furnace, and roof is about 5 years old - so knock on wood nothing from those happens in the near future - of course unpredictable things can happen and maybe best to keep liquidity 

Once you know what you want to do, then it's setting it up and knocking it down.

*knock on wood* I haven't had any problems with any of my tenants and I believe it's because I'm picky, I'm clear about my expectations + I'm nice (but firm).

Before the auction, you're either sending letters, making calls or knocking on doors of people who are in the middle of the process and trying to get them to sell.  

Knock some doors and get owners information or give your card to the tenant to pass on to the owner. 

-Current structure would be knocked down.

If you have a small number of properties, you're better off door-knocking or cold-calling *if* you know how to talk to sellers.

That was huge I was able to knock off 12K because of no agent he agreed to my wholesale price on a grade A home.I think with today’s internet amount of good info is out there.

Find a neighborhood that is turning around and knock on doors.

Should I just knock on the door and say "hey, saw foreclosure on your house listing, let's talk!"