To many corners cut that cost time and money.

Taxes/ year: $3,002,  Insurance: $1,573,  Trash/ year: $654,   Electric/ year (exterior lights): $420,   Water/ year: $1,200 sewer/ year: $1,500,   Spray for bugs/ prevention: $311/ year,    Lawn cutting/ year: $640,   Misc (furnace filters/ 9v batteries): $250I have gotten mixed reviews back from my colleagues when they go over these numbers with me.

However, you still run the risk of getting so busy with your regular job that you lose sight of the rental and things slip through the cracks or you don't have time to deal with late rent or you forget to do an inspection...A property manger costs about 10% which is $2,400 yearly on a $2,000 rental.

I applied for a Cash Out Refinance with the bank that holds my mortgage.In an effort to actually enjoy my life and spend time with my 1 year old son as he grows up, I left my job at a Fortune 100 company to own a business where I make very similar money working about 6-8 hours/week instead of 60-80.The next step IS real estate investing.

They fund, I run the business, I make my cut. 

Step 1 for many investors is getting a good W-2 job.

You can start by getting a job that pays better.

I dropped new-owner notices and 30-day lease termination notices at the entry doors of all tenants.However, one tenant does not have a job, cell phone, nor electricity.

Two years ago I quit my Job in which I worked for 11 years, I invested most of my savings in Single Family Houses, buy, fix and rent and so far is going good.

I will be working a job, so I plan on reinvesting everything back into acquiring more properties.My question might come across as vague, but that is because I have been spinning my wheels & am not sure what direction to go.I currently have only 15k, just got married, & need a place to live.