@Lance Korsun As flipping is your vehicle, the biggest components that require a plan are Marketing/Networking, Financing, and Contractors.Actively networking will generate opportunities to find deals and build relationships in the industry. 

We have 2 properties that we are going to offer cash for keys before we close.

We have many friends that rent out their rooms allowing them to live rent free, and save their money for rentals while still paying off their investment.There is so many ways to be successful the key is to figure out your goal and where eyou want to go !

We did MUCH better with single family homes.Second the key is to get your foot in the door.

@Kevin Darrell,To Make the @ work do the following:Hold down the shift key and type the following: @?

Gave him 3 months to do so and we even agreed to offer cash for keys/help with eviction if need be. 

Just everything i need to know and they keys to be successful... i'm new to this site i haven't had time to really break this site down yet and read read read...

That's where you split up all the components of a new purchase so you can depreciate some of these faster than the overall 27.5 year timeline. 

So I tried to do a comp with recent homes and came up with $200k so the arv is $210k because its really turn key aside from cosmetics. 

I think with a rental portfolio the key is to get a few of the properties paid off 100%, and then get lines of credit against them.