Additionally, always factor in property management costs, maintenance, and potential vacancies.

Settled at $247,900, 3% closing cost credits, and the seller also put in about $3,000 for repairs.

I cant seem to get anyone to drill a well for at least 5 months - and I have to pray there's even water on my new property.

At this point we haven't gotten a legit VRBO reservation in about 2 months.

It could just be a simple consultation that doesn't cost much.2.

I acquired my first investment property a few months ago and renovated the units as well as rented them out and its cash flowing well. 

PS - I'm looking at building one myself, so happy to let any of y'all use it (at no cost) if you would like to chat.

You would be exposed to doing work without a permit, the cost of the actual permit and, worst case, having to rip it all out and have a licensed plumber/electrician do it again.I've heard most municipalities around my area no longer charge the work without a permit fine.

Make sure you use a company to process the payments this usually costs about 5 bucks a month in my area. 

We pay a total of $800 in rent per month!