Thanks in advance to all of you who I feel are going to provide amazing content/help/advice in the future.

Rates are expected to go up which I believe is a fair assessment of the future.

Once you get into higher end / higher priced properties, these numbers will have to change as it is not a one size fits all equation.As an example, I sold a property a few months ago for $1.56M and the gross profit at the end was about $225k which ended up being a triple of a deal (baseball reference).

@Louis SussmanWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

Glad you're doing well with your first investmentand I hope the best for your future.

@Keith B.Welcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

@Ronald Laurion - Thanks for the reference.

Simply explain their 5 minutes of inconvenience to get these reviewed / signed is imperative to the transaction (and your future sanity).

I do not feel too comfortable with having to pay for her side of the roof, but I could consider it if there is not other option, however, I am afraid of future liability issues if what the consultant stated is right. 2) $ 5620.00 by Bachman's Roofing, the Sales consultant, stated that there is not need to do my neighbors roof together.

Use it as an opportunity to build a lending relationship for the future!