But finding the truth in a world of unbacked facts presented by pseudo professionals is rough.

Buy a few with any non-essential cash as a way to diversify, and as you keep an eye on rents, development, and mortgage rates - begin to figure out how you might finance construction.      

I make in the six figures right now, but taxes have always been an issue when it comes to borrowing.

Clicking through Zillow it looks like an older 3/2 in Plano earns about $1,700 a month while the same house that looks great can get up to $2,500 (very rough numbers)

(I figured about $5k, which is what a standard paint job would cost at a property this size, not the $22k that the guy with an EPA certification wants to charge.)

Should you consider the money that you are no longer paying in rent when doing your first deal figure into your cash on cash return?   

When you do a cost evaluation figure the worst case scenario that will help you decide. 

For example, “A lightbulb was out on the automated deck lighting and it took us a long time to figure out why it wasn’t working”.  

Go to Rentometer, and figure out how much it would rent for and figure out all the expenses whichll probably include HOA fees as well.

Iphone may be fine as I've got Android).You can follow threads that interest you to get notifications of new replies or you can go into 'followed forums' and select 'my discussions' to pull up a list of any topics you've replied to in order to see what's new.I'm sure there are other tips and tricks to navigating the forums, but figured I'd share the few that help me the most!