I also have the advantage of a very flexible schedule (as long as I turn my articles in on time, my clients don't care where or when I do them) and overall low expenses (since I work at home and don't have to commute).

Thanks to the forums we have successfully rented out our first property and are ready to move on to the second. my question is about low down payment mortgages. my wife and I are about to purchase a home here in Wilmington NC.

Having said that a low of $2,000 to a high of around $20,000. 

I'm not sure what I should do at this point.I was hoping to get some advice or ideas on how to get started with such a low amount, anyone who did get started with little money or any advice or ideas available. 

Your low end rent will be $700 up to $1,200.

@Nancy Zhao Yes sorry about the confusion, it's way too low, that is just what it was mentioned on the podcast.Thank you for your help @Teri S. and @Gregg Watkins

I would definitely verify the upfront cash needed.It all depends on personal preference and condition of the home but for me the maintenance and capex % is a touch low.

The bar to get a contractor’s license is also quite low with an open book test and 15 hours or so of education.

I meant 10$ a sq ft for low end rehab versus 45$ rehab costs for high end cabinets, fixtures, apllliances, landscaping etc.

Wholesalers are probably your best bet when trying to find a low priced property in order to cash flow.