In fact, you should pay for property maintenance, not expect the tenants to do it.

Sometimes you will do bad and you will be stuck holding the bag and NOBODY will bail you out.If he did a great job give him more business, pay him on time, answer your phone when he calls, and support his business.

A 1031 exchange is a tax-savings strategy that allows investors to postpone paying capital gains taxes upon the sale of an investment property by reinvesting the proceeds through the purchase of another property (i.e. a like-kind exchange).

I guess the proxy might be what the person is paying now provided this isn't their first. 

It is the funding that I am lacking.I feel that I am in a stalemate and the only way to purchase my first rental property is to generate more income than I am right now to get to the point of being able to pay the downpayment.Thank you all for reading this post and I appreciate any responses and advice.

This is perfect being 2 doors down from where we live so we do not have to pay cleaners and property management.

Also fewer farmers will want to pay the extra $1,000 to $3,000 per acre you’re willing to pay.  

Section 8 can be great because the tenant is only paying a portion of the rent, but managing the tenancies is not easy, especially a hard no from out-of-state.

As these numbers really effect what you should pay for the building.

You have to read a set pf plans to answer the questions, etc....And if/when you pass, you'll have at least 5 years of paying dues and losing money before you're any good.