Anything else you put in is going to get torn up.

I am planning on buying my first single family rental property this year and am trying to gather as much information as I can before I dive in. I

Thank you Brian, it's already been downloaded to the computer and I'm 4 chapters in I think.

We would both put capital in. I

If your potential buyers want it to live in, I would only show it while the tenants are out of the property.

I could determine in two minutes if a home I see falls in my criteria of properties that I may be interested in. I

What type of investing are you interested in? I

I still have a few questions before diving in. I

To jump on this point, Rich has actually moved several times to the market he wanted to invest in. I

Purchase price - 15000 to 20000 depending on condition ARV - 35000 Rent - 650 Taxes - 700/year Using 3k as expenses and 5k for rehab (probably not needed if he just moves back in) I get the following numbers: 24% Cap rate, 15.8% CoC, 329/month CF