I've used this sights list of contractors as well as just looking up numbers in the phone book.

I was the principle cash investor and worked in the property hourly as needed.

With my mortgage paid off, that extra principle and interest saved each month for my living expenses will make it that much easier to save for the first investment property.

Don't forget that mortgage includes principle, interest, taxes, and insurance (PITI). 

You might be ok with less cf when you realize the principle pay down.

If you choose your wife wisely based on biblical principles, You prosper several times fold, as your will be driven to make you successful.

I have my sights set on the D.C.

After getting this property under contract, I accepted an offer, just because it was sight unseen and that way I could skip doing the inspection - even though my inspection was already set.

My question is if anyone has experience renting in the Burleson area.House: ~1300 sq feet, 3BD/2BA, completely re-done.Loan Amount: $131,250Mortgage (Principle, Interest, Taxes, Insurance): $1,115Vacancy, Repair, Etc: $100Total Expenses: $1,215Proposed Rent: $1,600Cash Flow: $385Cap Rate: ~%10

All you can do is to stick to your principles or assume the worst and have multiple exit strategies.