A "simple" split in my county costs about $5000 (most of which is for surveying and plats) and takes around 4 months to complete - so not bad.

Like many of you, it started with Rich Dad, Poor Dad, then to Youtube, along with a ton of other quality books (Many by the awesome @Brandon Turner). 

Don’t jump on a bad deal.

That isn't too unrealistic, if you have bad realtor and don't price it right the first time around...

An engineer's mind may need higher control over investment :))) let's check on the scenario of independent investing: with 40K down and conventional mortgage you could get a decent quality old duplex in the good location of Midwest. 

With that being said, if the home is truly worth 800k, then you should access that capital and deploy it on other high quality investments that will give you a great return.

For us, knock on wood, that's all you can do there and as long as your insurance doesn't kick you to the curb, you'll be fine.Biggest common risk I hear about is bad tenants ripping your places up and sucking away your time and equity. 

Hello BP community,It recently occurred to me the value I can contribute and solutions that can be found in relation to good quality general contracting work that will be up to code and pass any inspection.

so it depends on the people running the HOA. it's not very appetizing, as the quality may vary without any control over.

We have several properties in Norman and know many others who are landlords in the OKC metro and rarely have I heard bad things in regards to landlord friendliness.