Hi Scott,There isn't a whole lot of information to work with in your post without knowing where the home is located (to see if your rent estimate is good), whether the maintenance cost is reasonable given the age/condition of house, etc.The two main questions I'd have on the info you did provide are whether you're accounting for vacancy, utilities, and property management costs, even if you're initially expecting to self-manage.Regards,Mike

Have invested mainly in buy and hold but have also done 4 flips and a few wholesales. 

I am open to all contacts and any properties anybody may come across main focus is Dutchess County

Main Focus has been mainly Residential However done some Commercial .Am also associated with local Real Estate Investment Groups ,Volunteer in my community and various charity foundations.

@Joseph Norman, I am mainly interested in buying and holding of rental properties.  

Currently there is a building for sale ($60,000) on our main street, which on the lower level hosts one of the towns most popular bars and on the upper level has 2 apartments that need major renovation.

Now at this point, I do feel like I could go to the next step of being real estate investor and am mainly looking at buying single family homes in the North Texas.

Correct me if i'm wrong but the main reason to get a license is to have access to the MLS?

Already mentioned by others, but my main concern would be if the HOA allows the unit to be turned rental; that is something to definitely validate next time BEFORE closing, or better yet, buy a property w/ no HOA so there is no HOA fee and 0% chance of that happening, ever.

See you at the main meeting!