I own 2 older townhomes, and there are constant assessments (including $6000 each for roofs) and fee increases.These issues aren’t always apparent from reading restrictive covenants and seller disclosures so it’s important to verify with the HOA.

Early investments into your business will include marketing, software, MLS dues, education/coaching/mentorship, gas/mileage/travel, taking potential clients out for lunch/coffee, etc.When you're not working at your PT job, focus your time an attention on the following:- everything @Dallas Sauer & @Hayden McDougal mentioned- Having conversations with 5-10 people everyday.

We use a management software that includes tenant and owner portals. 

Guests are responsible for their own utilities and housekeeping expenses.Renter pays for all utilities including water, electric and gas.

On the Columbia river.. for me it was to much work for the money and too much capital tied up since we had zero debt..

One property manager (10%) is more flexible and says that I can get away with 100-150K of rennovations (including pool which is 80K), whereas the other (20%) property manager says I would need to do 200K to get the returns I'm looking for.

It does not include photography expenses. 

I’ve been a General Contractor and have built homes, completed building second stories, anything that pertains to building including building Oil drilling a Riggs in Channelview Tx.  

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

TBH i think your best bet would be to have that 10% - 15% 'jr. debt' be from cash-out on another property, if it's an option.