Ideally when complete you have a property with zero money into it and a tenant (or multiple short term tenants) helping pay your mortgage.  

I was thinking maybe we could list for 194000 and then get a higher bid, the market was hot, some properties were getting multiple offers.

It's hard for me to gauge what you should charge, as 1. most, if not all, the restaurant deals (20+ over the last 2 years) I do that involve a patio there's no additional charge for use of the patio, and 2.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I have one for each state so obviously I would have multiple entities but it has nothing to do with deceptionOluwatosin- I don't know the exact specifics on this one but we don't lend in NY under the 100% program I used to do so not really sure why he is saying new appraisal etc. unless I had him switched over to the cost program.

There is nothing more required.There are numerous options non of which would involve recoating the bathroom.

Definitely, agree with that.For actual closings, I anticipate using a title company's office, the office of the other realtor involved in the transaction, or if neither of those is an option renting out a small office space for an hour or two.

Could I invest in multiple rental properties with the little or no money down strategies at once, say 5 to start.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

At the end of the day, the time, stress etc it saves me its worth it.Also for handyman work, they will typically charge you a minimum price, like $200 for a call so its good to have a list of multiple items then just calling them every time something small pops up.