I am a newbie looking to hit the ground running!

Hello Maddie,If your goal is to use your savings in two years to acquire an investment property then using a tax-deferred vehicle such as 403B would not be a good idea.

I haven't managed to put something under contract still.The unfortunate truth is that I've run out of money, and am afraid to go back to working a corporate job again.

Be sure to have one installed and have it wired to the light switch, ideally with a delay so it keeps running for a few minutes after your tennat took a nice hot shower.Also, make sure you educate your tenant about mold and why it's growing.

Most streets are laid out on a grid, and all the major ones running North/South are alphabetical one way and the East/West are numerical.  

Expense-wise my mortgage payment runs $55K/yr and PITI runs about $15K/yr for an obligation of $70K.Which of these scenarios is correct as it pertains to the DTIR on this property?

So I think 8% is high for vacancy but want to run the numbers very conservatively.  2.  

@Kim Meredith Hampton that was my gut feeling, I just didn't want to run in to any legal issues if his claim did happen to be true but couldn't produce paperwork and I continued with the lease I have.  

@John Kilduff I actually know a wholesaler in DE that runs an apprentice program where she trains new wholesale investors to know good or bad deals, find leads and close on the good deals with them and splits the profit with them but I only know one buyer in NJ who buys in Burlington county but made I'm with it.

I'm assuming they use alot of water and don't mind letting it run since they don't get a bill for it.