I'm looking forward to bringing my experience, knowledge, and skills to the Real Estate Investing world.

Of course, if it were legit, I would do all the due diligence necessary and consult all the proper professionals.

I would love to get to a point where I can quit my job or go PRN couple days a week to keep skills sharp.

Her call should have been more professional and simply say that she was the agent on contract for the property and  I must go through her.

All the best as you develop some new skills and make some money!

James,You will also want to separate out "standard of living" items from "unhabitable" items.The landlord isn't responsible for thefts, vandalism, or the neighborhood going down the drain...He *is* responsible for major pest infestations, heat in winter, a plumbing system in good repair, getting rid of pre-existing mold, etc...

I know it has been called a little/ no money down investement route but I believe that is more to do with marketting costs.The gurus have explained the steps in details such as qualify a TB, but in order to do so don't I have to go a mortgage broker and ask them to carry out the required checks..surely that carries a cost..I would like to understand from someone who has experience the followingwhich professionals need to carry out each stage for both the TB and the seller documentswhat are the ball park prices I need to expect for these services. 

Again, speak to a tax professional to clarify your situation.  

"Professional tenants" will know the law better than you. 

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