My husband and I have been listening to the BP podcast for a few weeks (which originally I discovered via the the Mad Fientist podcast, another great resource!).

If you educate yourself on wealth building you will discover that equity is not your friend but rather your enemy.

Figure out what the remaining useful life is for your major components (hvac, roof, flooring, etc.) then pro-rate how much you should have in the bank OR figure out how much you should be reserving each month.Many rental owners neglect to fund their reserves and this is a major cause of a landlord's downfall.Good question. 

I recently discovered BP and have been listening to as many episodes I can and have started reading as much about real estate as in my spare time as well. 

You've discovered the "secret" to infinite returns!

What are two things to come to your mind when you discover that it is FSBO?

John Thedford MA and NM also have State and National components to get licensed.

If you think you will go FHA, Conventional, 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

I discovered an eviction the tenant when tenant had stated they did not have any in their inquiry email, and also lack of proper rental reference as tenant's name wasn't on their lease at current property while waiting to hear back from tenant/roommate to see if they wanted to sign a lease or not.

It's a FIFA lien in GA by Discover Bank, and it is not cancelled.