Not only you will loose tenant but also good handyman when things go bad.

like I mentioned earlier I desperately want to do my own things I’ve lived and breathed construction and real estate the past 4 years and am now just ready to do something with it.

TOTAL MONTHLY EXPENSES:  $1,504 (monthly P&I, plus all the expenses outlined above)TOTAL MONTHLY CASH FLOW:  $396 ($1,900 rents - $1,504 expenses)Annual Cash Flow:  $4,751 ($396 x 12)COC RETURN:  9.1% ($4,751 annual cash flow / $52,475 total cash in)Net Operating Income:  $13,691 ($1,900 in rents / $759 in expenses other than principal & interest payments... x 12)CAP RATE:  7.6% ($13,691 NOI / $179,900 purchase price)So, you can see this isn't exactly a home-run deal as far as CoC return goes, but the cash flow is almost $200/unit, which isn't bad.

@Dave Foster is a wealth of knowledge... lives and breathes this.

Do yourself a favor and don't listen to one person with one bad experience.

Hard money is not bad, it is just equity based so the more down the better. 

Hey Matt, My bad  that was not for you.

Not a bad idea at all. 

I have heard good and bad things about PayPal so I wanted to research other options.  

Not a bad first real estate story!