When I walked through the house to look at it the dogs definitely used the bathroom in the garage and chewed up 75% of the trim throughout the house and my dogs while inside by themselves they ate through the drywall in a few places in the house and this is where my biggest concern is that mold from the dogs urinating on the walls and the moisture seeping in and not being noticed and mold growing from there.

Are most of your tenants credit challenged?

I think that a lot of your challenges can be better answered by reviewing the forums and especially the podcasts.

A good GC is worth their weight in gold.After auditing the books, I would probably try to work with him assuming it didn't eliminate my ability to make a profit on the deal and I wanted to work with him in the future.Honestly though, your biggest risk isn't with the GC, it is with the subs.

It may be challenging to learn all u need to know in a few hours.

That being said I have been focusing my buy and hold stuff more out of state recently to get better cash flow.There are a lot of challenges to having rentals remotely.

You need to figure out what numbers in your area look like.Getting started is the biggest thing.

What are the biggest factors in a vibrant REI?

The challenge we face as a family is the cost of living due to family size and So-Cal real estate prices!

Hi all,

I just jumped into the world of Real Estate investing, and closed on my first home just over a week ago. I found a great house with recent renovations and a long term section 8 tenant paying good ren...