If you ever want to discuss the local market here in Las Vegas please let me know.

I do not have the $ to invest in real estate, nor have a ever invested in real estate.

I read the book ten years ago and have been investing ever since and loving it.

Yes, turn the water off, but after you turn the water off, turn on a faucet to clear out the water already in the pipes.Also, when new tenants move in, I make sure to show them where the house's main shut off valve is in case there is ever a major leak.

Leverage.The who what when where why and how can be argued and go round and round all day but the fact is hands down the best investment for 50K is a leveraged investment, find your maximum leverage.I know it sounds simplistic, almost too simplistic, but too many get lost in all the banter of how and forget the fundamentals and end the day in a deal that "was supposed to" have xyz returns, but was never a leveraged deal.If that were all I had and would ever have........

They are generally around $150-$250 per year (depending on if you have youthful drivers, how many vehicles, homes, etc.) and although it's probable that you'll never use it, it's well worth the investment if it's ever needed.If you already have a personal umbrella, and you do purchase a property in your own name, be sure that your agent adds the rental property to the umbrella policy so coverage is extended to that risk.

Our group flips houses to investors and owner occupiers.Feel free to connect if you ever have any queries regarding the market in Kansas City or Ohio.Thanks and have a great day.

Have been learning what NOT to do with tenants ever since. haha.

It's taken care of very well and I doubt the Pope will ever sell it, I guess it's in good hands!

Also this will be my first property I've ever owned.