After cleaning up the mess I sold the property for over 4x what I paid. 

Would like some advice on this deal - thank you in advance SFH under contract for $106k (current owners purchased a year ago for $59k and did lipstick on a pig) - neighbourhood nice b /C class neighbourhood - little crimeInspection brought up a few things Asbestos tiles in the basement, im told they are fine but I would prob want to epoxy over them to be safe though not needed supposedly I just dont want to have anyone at risk ($1500)Roof will need to be replaced in the next year ($8-9kish) and chimney needs workGarage door needs to be replaced (has a hole in it) ($700)Stairs and driveway need to be addressed - very bad trip hazard, driveway needs serious work ($2k)Had drain scoped needs to be cleaned out ($500) but otherwise goodAC is working but on the way out in the next yeara few windows needs to be replaced and smaller stuff etc - looking around 15-20k out of pocket to get home up and running Now all done up this home will appraise for $120-125k and rent for 1400 a monthhowever and I understand the sellers want to make some money (home was sitting on the market for awhile) but this is a pretty big list of big expenses and while I dont mind taking them on to be all in with zero meat on the bone from an equity standpoint seems not ideal as I will be locking around 40-45k up in the property (from DP and fixing cost) and homes in this area appreciate around $1k a year - so not much appreciation potential Insight appreciated - thank you for getting this far

Even with my powerful "why", I still do not know the process for managing an out-of-state investment with limited ability to travel. 

Or, perhaps have experience with Tuya-powered smart devices and/or Leviton smart circuit breakers.

It’s a service landlord offers a nice clean up to date place to live and makes repairs in a timely fashion.

Relationships are arguably the most powerful investment you can make when you're starting out!

Kinda weird seeing some hate on Kiyosaki's books or maybe because I just read 2 of his books so I don't know the progression but for me RDPD and Cashflow Quadrant is enough to get your lightbulb light up you're right, then venture on to other books.I love to read as well and I've encountered analysis paralysis before so I know how not to get to that point but if you ever get to that point my advice is just to take action and have the mindset of "I learn, not fail" and that's really what made me power through all those things in my head.Good luck on your real estate journey my friend. :) 

I've seen the growth and power RE contains.

I've seen the growth and power RE contains.

I've seen the growth and power RE contains.