It's a financial decision.

You can always put in the contract 'purchase contingent of analysis of financials and physical inspection of property'. 

It's nice to meet you on BP Wendy.BP is a good real estate resource.

There is a lot of great stuff on the BP site and I always seek to use it as a resource.  

Hello BP,I am new to BP and have been delving into the vast amount of resources provided by this site.

While there are truly amazing resources available, none of them seem to be really equipped to handle the nuances behind the content without the help and involvement of the community or retailer themselves.This is especially true when dealing with the laws and the rules promulgated by the various state and federal agencies.

I believe we are going to use a mix of the spreadsheet and quickbooks to keep track of our financials but as for paying contractors and vendors how do you separate each house?

Obviously I am on here to build a better financial future for myself and paying some one else rent is not a long term goal.  

I am currently also employed full-time as an IT contractor but, eventually, I want to be a real estate investor and landlord to achieve financial independence.

Currently learning, but I look at REI to give me the freedom to do the below things...1) Be Financially free2) Be the best husband and father I can be to my future children by spending as much time with them as I can!