To play it safe, everything was capitalized during the rehab period.

There are pockets where the 1% rule can still be had, but broadening you area is definitely a better play.

@James Wise I play to just work for a real estate company first, I ideally want to invest but I plan to "test the waters first" and see if I like it.

@Isaac Bazek-Buy, Rehab, Rent, Refinance, Repeat by David Greene (RE)-Real Estate Investing Gone Bad by Phil Pustejovsky (RE)-Investing in Real Estate by Gary Eldred (RE)-Quit Like a Millionaire by Kristy Shen (FI)-Playing with FIRE by Scott Rieckens (FI)-I Will Teach You to be Rich by Ramit Sethi (FI)-The One Thing by Gary Keller (Inspiration)-Am I Being Too Subtle by Sam Zell (Bio)-Shoe Dog by Phil Knight (Bio)-The Big Short by Michael Lewis (Business)-Liar's Poker by Michael Lewis (Business)

What you will come to realize, as you learn how to put things together...specifically:  Market Analysis, How Money Works (the Math part) and a REI Plan, you'll see that REI is very much like writing, reading, and playing music. 

There is quite a bit of equity in this short sale home which I dread losing especially due to some of the guidance I received from the parties in play (lender/s and realtor). 

There is also an empty lot right next to the complex where I was thinking I could put a park for the kids in the area to play.. seeing as how there is an offender of children residing in the complex, that’s out of the window.

@Justin True one more thing I just thought of here:  you should try downloading the Experian app and playing around with it. 

I’d want to have a couple of thought out exit strategies if you end up not liking the roommate play or want to move on.

I came from the single family space, and after a horrible eviction from my turn-key rental which cost me a $10,000 education, I'm happy to scale up where the professionals play--professional GP team and professional management and economies of scale.