Hi folks,I am interested in building my net worth and probably focus on rental properties - though it is pretty much impossible (seems that way anyways) to find positive cash flow properties where I live.I guess I have always been interested in investing, but never done anything about it.

I'm surprised at the number of positive reviews, so I just may have to read this book myself.One question: If I only "work" 4 hours a week and pay all my minions $5/hour to do my chores, I'll need to earn $2,000/hour?

You would need rent something like $5000/month to be truly cash flow positive.

If you have a solid position you can sue for specific performance forcing the sale.

3) Any other expenses I need to consider outside of debt servicing, vacancy rates, property mgmt, taxes, and maintenance when determining if a potential investment property would be cashflow positive?

Additionally my wife has a very well paying position in corporate RE in NYC.

Once I am in the position to move my plan is to shoot low.

Down payments are an instant equity position, not debt.

If you find a clear statement of the law and it supports your position then send the info to the seller.

Does the rental have a positive cash flow?