My biggest win was not being too scared (or just being too young and dumb) of any risks and just pulling the trigger. 

@Scott Anderson... we just pulled the trigger on our first home and plan to do just this!

The $70k is not income because you haven't sold the property and triggered capital gains, The rehab depends on what you did, some of it is likely going to go in the depreciation column and be expensed over time, the rest is an immediate expense, talk to your accountant for more clarity on which is which.

I love that it automatically assesses late fees that trigger on the date of your choosing if tenants don’t pay on time.

I'm curious if you pulled the trigger on any properties and if so, what your experience was.

, and I'm hoping that market knowledge will help me once I'm able to actually pull the trigger on this whole thing. 

@darylluc I agree I don't want to trigger any taxable event.

I'm working to reconcile real-world advice with the text books.Here's the balancing act: don't take too long to pull the trigger on my first property, but go into that first deal armed with knowledge and education.Keep the advice a-comin'!

I appealed by triggering the Tidewater Clause, which gives all parties 72 hours to submit data to support a different appraisal amount. 

I've driven for dollars, taken aerial photos with my drown, found wholesale deals, ran numbers on flips and BRRR's for these guys that I thought would make good investments they just never want to pull the trigger.