Would anyone here say thats a ok start or would holding cash and seeking a Conventional loan  be better.side note: I want to get out of renting before summer 2016 (month2month lease at moment) Chase, as long as you are very familiar with the neighborhoods, have no problem communicating with the neighbors and potential tenants, and you have the money/skills necessary to rehab the properties, I think this is a fine idea.Good luck and keep us posted on what happens.

hahI read this article today (January home sales give rise to correction concerns) discussing market correction in the near future for Toronto and Vancouver, given that now even the condo market is seeing double digit growth month after month, without a shortage of supply unlike in home prices.My question is: Is there a way to estimate or calculate the ripple effect of that correction to the surrounding markets?

If upon getting educated to what one must do, I feel is a step above but to have a knowledge of communicating and understanding the needs all around the board, have that confidence I think It would be a good endeavor to pursue.  

@Ayodeji Kuponiyi do you find that you are able to effectively apply your plan in Philly?  

She states "there is a clause that can be in effect that helps with the potential nightmare this could be, however I have never reviewed one".I've read otherwise; where the tenant can be reported to their social worker which then makes them responsible for handling these repairs themselves.Can anyone point me in the right direction to get the correct verbage to make this the tenant's responsibility?  

I have very little money to get started and want to figure out the most cost effective way to get things rolling.

I am not sure what your view of the "mission" of BiggerPockets is but I doubt it is to teach constructive communication.

You won't take the effective actions necessary to get it unless you know exactly why you want it.

Sounds like you've already taken some very effective steps in seeing the process firsthand.

I don't see how you can compete effectively without significant investments of cash, and for a declining rate of return.