@Corey Walz  Starting off I was about in your position, no downpayment funds yet. 

In LO/CFD its too easy to get labled a preditory investor and be in a weak position if things blow up. 

If you flip that around you make it more like they are part of a positive process that will help another family. 

View report*This link comes directly from our calculators, based on information input by the member who posted.This is my first rental calculation using the calculators and I apologize for rushing, but this is down th...

posting again in a moment

I am not much concerned about appreciation at this time as long as I am cash flow positive in excess of $150/mnth.

To save money, you can get a lease online and then ask a attorney to review it and bring it in line with your local regulations.

You should consider that the moment you start a business you will be subject to self employment tax which is something like another 15.6%Are you assuming that owning a rental property automatically implies you will be cash flowing positively because that is something you have to make sure of and there is certainly no guarantee about cash flowing positively.

When you use your money (cash flow and personal income) to pay down any debt that the tenant is paying (thanks to positive CF), you are adding to what the property costs YOU. 

View report*This link comes directly from our calculators, based on information input by the member who posted.Heyguys can you please give me some feedback on these numbers. Now I know I plugged in a ...