I am always concerned when I hear someone saying I just want to break even on my rentals.

Don't even try to get into a rental situation if you plan to walk away in a year, cause that's easier said than done.

In some publications you will get negative feedback or calls from regulators concerning what is being offered.

Real comps, title searches, etc.My concern is in the amount of time it takes to find a good property.

This is EXACTLY what causes the vast majority of new landlords to fail in such a short period of time.

Answer questions concerning properties listed with the firm except only that information contained on the listing agreement as limited by the Principal Broker;5.

Nightowl,I am a little concerned that you have taken real estate classes for 2 years and that you head is still swimming.

Boards of directors can be very inflexible, YOUR unit may be good, and you may have good tenants, if they allow rentals, but the guys next door may not have good tenants, and that can cause a much more severe problem in a condo or townhouse, but of course it happens even in sfd's.I would, and did, though not at 22, buy a new house and had it rented before it was completed.

It is usually caused by paying too much for a rental and therefore having insufficient cash flow to cover expenses.

Can anyone out their share their wisdom with me concerning this?