I know some folks like to look at 150-200 cash flow per door,,but I prefer to look at cash on cash return. 200$ per month on an investment of $20k is 12% annual return, but that same cash flow on a property that you have $50k invested in is only a 4.8% return.

It has worked out well as this builder does very high quality work and the property in is in a good neighborhood in a great market.

What neighborhoods are you looking to continue investing in?I

Like San Jose, The area I invest in is expensive but with manufactured homes you can easily meet the 1% rule and cash flow nicely with minimal repairs.

Anyway, I have been on BP for a few weeks now listening to podcasts and reading others' posts and thought this was the perfect time to dive in. I

I had the same question, and someone told me that you let your seller knows that they don't get paid until your renter moves in, I hope it helps.

I definitely see their point that they're covering themselves for not getting an unfinished house, but I can't risk losing a month if they don't move in, I feel like going to the people that came at #2, How would you guys handle this?

I am trying to purchase a home that my family grew up in. I

I think the decision to get a job in real estate or get a job in the field you have been in, is really according to what your skill set is.If you make really good money in your field, it will probable take a long time finding a job in real estate to replace that, if your more in the early part of your career, it might be possible to replace your income a little easier as an agent, etc.I would really recommend finding a steady source of income, without that, you will have a very, very tough time finding the loans you need, and if you do the cost will be high.If your making $100k doing "xyz", and would have to start out making $20k a year in real estate working for an investor (I'm making that up), go back to "xyz" and build up your reserves, if your making $25k in "xyz", then going to the $20k job and learning real estate while your doing it wouldn't be such a big hit.

They divorced in that time and never moved in. I