And FHA buyer are driving prices up to the point that not only there is no cash flow but you are going to be in negative.

As I said, I will be occupying one unit so I’m basically breaking even while living there.

They basically add the risk into the price.

It’s basically pre-screening you for your max HMLs.

I heard that self managing the rentals for a while helps build experience and truly understand what PM's face ,but I have no experience .I was hoping to use different services for the basic tenant management tasks ; I was wondering if anyone has any advice on the following:1>Rent collections - I am hoping there are services that can help me collect rent, call the tenant if late to remind them ,take some basic calls from them regarding rent collection .

Ditto if the deal was misrepresented or basics were overlooked.

All of this will have legal/tax implications and so I will stop there and suggest you find someone to take that piece on for you after you have the basics of your deal agreement on paper.

Do I drive a new fancy car?

Louis looking for some advice...I was driving for dollars and came across a FSBO sign.

Before I leave the area, I am looking to learn some basics (other than what I am learning on the podcast and from books) so that I can have a little real-life experience prior to purchasing our first property.