I have zero mechanical ability but when I bought my first rental I didn’t care if I had to watch YouTube videos and rehab the property myself, I just knew I needed in the game and would somehow figure it out.

They do add back depreciation and some will even add back auto and home office expenses, but not much else.If you are going to be a successful investor you need to invest some time in learning about lending - so you make better investing decisions.Currently, if you have a family member willing to lend you cash, why don't you ask them if they are willing to be your cosigner if you don't qualify for a loan in 6 months?

Again, with the mechanical systems in most homes its relatively easy to see if your electric is outdated (outlets are horizontal) or your furnace is older than 20 years.

When their clients have to get their cars from a lot and pay an additional fee, it will fall back on the mechanics business quality.

I write most of my landlord clients with Auto-Owners, Safeco and Travelers here. 

Rent collection is pretty much on auto pilot and there many other perks and rental tools that I use for marketing, expense tracking, and even maintenance.

So I have a 4plex in Tulsa county. I'm under contract with a buyer right now. had a contractor spruce up 2 of the units. things went south with this "investment contractor". Long story but I found her guys to be very ...

While I already use these and they are super successful for me, I need to add an auto-close feature to the doors to ensure they actually get locked.

Ultimately it falls on the end buyer (you) to do all the research necessary.It's like buying a car without having a Mechanic go over it and getting a Carfax Report.....you're taking a chance....

@Robin LeeFirst off, I would take care of the roof (if required), mechanicals (hot water heaters and HVAC), electric and plumbing.