Sending out my first mailers to absentee owners with lots of equity. 1000 pieces so we will see how many good prospects that brings me.

If the numbers look good after that and suit you outcome it might be good to pursue further.How much down will you be putting?

Let us know how it is received buy prospective buyers.

Thus, getting my REA license.ORObtaining my GC license eventually with knowledge and skills on estimating rehab costs and being a trusty and effective GC.This would also be my future employment prospects if investing would not suffice for my living wages.Being my first post, I hope I don't sound too naive.

I have done it a number of times with great success and NO bad outcome.

Some folks include their vacancy allowance w/i that 50%, we apply an 8.33% (1/12) to 10% vacancy allowance to the scheduled rent and deduct 50% for operating expenses from that number ... conservative is good when examining prospects.

I wanted to gain some prospective on how to eliminate vacancy even while experience tenant turn over.

Then, call your lenders and ask if they wouldn't mind looking a prospective deal.

I am just concerned if it would show up when a prospective employer searches and that could negatively affect any prospects.

I'm in a similar "boat" to you - pretty much just getting started and a bit nervy although also excited about the future prospects.