If you're a newbie, I believe it is an absolute basic requirement.Not only will it help clear up some outstanding issues and provide a detailed step-by-step procedure, but also the speakers, Shirley Henderson in particular, offer some valuable tips I have yet to see in any book, YouTube video, etc., or anyone here on bigger pockets.For instance, they will go over the process of double closing, how is totally unnecessary and why only newbie wholesalers would consider it.

Also, I personally find it very beneficial to watch videos on YouTube.  

It's improved every year since then and is the place to live these days.

But the real estate market has improved in most markets over the last 6 years, so banks and mortgage lenders are tending to utilize short sales and allow foreclosures to proceed instead of making concessions on behalf of delinquent homeowners.

So once I have no friends, and focus on self improvement it's easier to find better friends.  

Whatever you can get to make yourself feel safer in your future rent payments.If you will consistently issue 7-day default letters for all of your tenants when they are late, you will see timely rent payments improve. 

All of those would greatly improve your soft costs. 

So here's the combined numbers for both props on a monthly basis.Purchase Price For both Properties: $120,000Gross Income (both properties): $5,965Gross Effective Income (10% Vacancy rate): $5,368.50 Net Operating Expenses: $2741.31- Cable - $50 (it's gerry rigged)- Water - $435- Electricity - $450 (3 months during the summer its $800 a month)- Dumpster Fee - $185- Fire Insurance - $41- Property Mngmt - 7% (I will use professional management)- Taxes: $363.34- Maintenance: $800Net Operating Income: $2,627.19Capital Improvements: $25,000 (roof, foundation, paint, flooring)The owner combines all expenses for both properties because they are side by side.

I see the growing potential in the rental properties around the campus area, especially since multiple deals have been made by Lex Wexner himself to improve the streets close to OSU.

Deferred maintenance or capital improvements?