As a first time buyer, I'm thinking I should be learning my mistakes on a smaller property such as the SFH but having said that, am eager to get some real cashflow moving and start banking decent profits to purchase further properties.Regards,Colin

Before leaving I wanted to see the whole tax history if paid or not and then it happened.......I found a huge mistake in the listing taxes by a factor of 7.

You will make mistakes and it just seems better to learn from them with minimum cost of entry because of the smaller down payment, the rent from another family to help cover the mortgage, and getting to know the type of tenants properties like yours attracts.

My mistake, because they broke in that night and stole the new windows and cameras before they were installed.

Yes, I know, this was a mistake on my part, but we had a lot of other issues we were dealing with.2 questions:Do I need to send a Pay or Quit notice. 

With buy and hold, a mistake can be small and I can correct that over a few years.

I have found some by mistake due to having to dig footers deeper than normal to get to solid ground. 

The money you save comes from not having to work through all the money costing mistakes beginners make using facebook ads like not knowing how to properly write ad copy, how to target on the platform, not installing your pixel correctly, etc…Your time is saved because instead of searching and going out on your own you have a structured curriculum with someone exploiting everything. 

That was a mistake and affected my budget.

Hard money Is very expensive, you will need a down payment if you’re just starting out and you need reserves to pay for your mistakes and cost overruns.