arm lengths transaction one of my wifes old clients calls out of the blue ( one reason I think being an agent is really helpful long term)  anyway he said remember that property you sold me 15 years ago.. well I stopped paying about 7 or 8 years ago.. they never foreclosed and just sent me the deed.. but its in tax default and I need 20k or I am going to lose it in a week..  

Sometimes it's important to remember the phrase "spend money to make money" as a landlord.

It is different in different towns but I seem to remember Cayce, for example, needing a contact person 75 miles or less from the property. 

Ideally, the rents would cover most/all of the expenses thus lowering your cost of living and accelerating your savings rate. 

Ideally, the rent received will cover most/all of your expenses which will lower your cost of living and accelerate your savings rate.

hope that makes sense Little background as to why I ask, I’m 22 planning to obtain a finance degree want study and learn financial literacy. once I’m out I want to work somewhere that helps me in becoming a good real estate investor ideally a place that helps me be good at analyzing a deals and making sure the numbers are good.

Remember what Biggie Smalls says “keep your family and business completely separated”

BRRR or buy and hold in Smiths Falls is a bit riskier - if you remember, that town used to be a one-industry gig that turned into a ghost town.

Ideally, I am looking for a cheaper multi-unit like this or I would be willing to start out with a cheaper single unit (<$300K) if it can generate cash flow.   

All,What is the ideal cash flow per unit for a specific % of down payment?