I was quoted 12-14k for new central heat and air which included all the duct work.

Hi Sean, I’m a “newer” investor and have a few doors in the Midwest, including Memphis and Detroit.

Did you include the required addendum for Carbondale? 

I also listen to Mike Zuber author of one rental at a time talk about learning your market which is a course he has that includes a spreadsheet that tracks sales so you know what's a good/great deal in the area of the investment. 

Real estate is a long term game (overall) and sometimes investing in yourself and your active income can yield a higher rate of return, in which can also excel you investing.

I even created my first LLC to start the fix and flip business, funding it with enough skin in the game, elsewhere hoping to use OPM rather than my own capital to fund these projects as it has been difficult finding a lender who is comfortable with loaning to me solely without an LLC.My goal has always been to match my W2 income and eventually double it and more so I can work as a hobby rather than relying on it to live.

Economic vacancy includes anything missing from the gross potential rent, including both actual vacant periods and unpaid rent in occupied units.

In some properties where I live heat is included with rent and in others it is not.

Very few episode don't include plugs for his brokerage business and his mortgage company. 

You're taking some of the risk or have skin in the game by handling 50% of the expenses.4.