I have been listening to Bigger Pockets for a few months now and since taking all the advice that I have strategically stumbled upon, I have to say my career is starting to gain momentum.

My soon-to-be-wife and I are looking for a place to live, and I thought "What better time than now to begin my real estate investing career?"

@Jorge Pena the main reason to sell is because a lot of bad stuff can happen with rehabs of this size.  

If so, it seems like it would be easy to be badly in the red before even getting a house under contract (in addition to, obviously, the marketing costs).

But if these really are the numbers then from first glance it doesn’t sound like a bad deal.

I don't love it, would recommend to make sure you won't be putting yourself in a bad position.

Pros: -Most major cap ex fixes are covered-A lot less to rehab if bad tenants- great HOA can fend off bad neighborsNegatives:-If problem happens between units can be a headache-tenants tend to not stay as long-bad hoa can cause some issues There is many factors for you to determine- each situation is different

Add in the down payment of $3500 and you're at $69,465.You're paying market value and getting a high interest loan.Also, verify the trash and sewer data.As for the house itself, seems like a bad deal to me.

We sat down and he mentioned lease option is a great way to start my investing career.

I'm  a firefighter by career, have a family and not much money but EAGER to learn and find a way.