I always say-- I can take a past, I can't take a liar. 

With 195k pre approval it will be tough finding a duplex that will past FHA inspection.

You didn't live in it for 2 of the past 5 years?

I 'm in the same shoes, 9-5 job is not going to help you with financial freedom. 

That is a milestone, they were the 10th PM company I have fired in the past 8 years.

For the past few months i have a tenant that have been paying the rent exactly on the 5th.

I'd be interested in your thoughts about this: -Listing price $125k (comps show past solds are between $100k - $115k) -2 units: each unit 3 bed/3 bath ($800 + $850: total rent is $1650/month) Both tenants want to stay-Taxes are between $1750-$1800/year-Home Insurance: getting quotes between $1100/yr - $2000/yr-Good school area: Great schools show elementary/middle/high are between 7-9-in HOA: HOA fees are $40/month - go towards a community pool- property built in 2010- property management at 10% (I debated managing myself but am 1 hour away) -tenants pay all utilities-was part of a huge development that didn't get all developed, there are lots of vacant lots between propertiesMy goal is to get at least $500/month in net cash flow after all expenses are paid at and least 15% cash on cash return. 

Over the past decade or so, as I have been able to move up to buy a larger house to support the growing family and then buy a house at the right school district, I continued to hold on to my older houses and renting them out.

The only way an agent survives in this business is by referrals from past clients.

After management, and looking at a monthly expense of about $150 averaged over the past year for maintenance, I am in the red monthly.