I'm hoping to learn as much as possible, meet as many people in the industry that I can and hopefully get to work with and help others one day, once I get the hang of it.A little background about myself:  I'm married with 2 awesome little boys, Jaxon - 2.5 yrs old and Carter - 6.5 mnths old. 

Parisi's was a used clothing store, the condos to the south were a vacant lot, and most of Tennyson St was old buildings with various small businesses just hanging on.

Who are you looking at hanging your license with?

You can also see where the investor/agents hang and why.Paul

Here are the numbers:Purchase Price:175,000Repairs:14000Type: Duplexunit 1: 2 Bedroom/ 2 Bathroom-850(or 2 CL ppl for 550/month each)Unit 2: 3 Bedroom/ 2Bath-Me-  lower bedroom and lower bathroom$freeski -1st Craiglsit Renter 1 bedroom 1st bathroom $450 second Craiglsit renter 2nd Bedroom same bathroom-$450Mortgage Info: Total Loan amount:189,000 Interest rate: 3.25% Down payment: $1,000 Taxes: $1426/year($190/mo), Monthly mortgage payment:$868/moHome Insurance: Around $160/monthExpenses: Vacancy,Capex,Repairs,@8%($160 each) Total: $480/monthOvertime Expenses: Lawn service $60/month, Management fees@10%($200), No HOA feesNeighborhood: C  Area around neighborhood:B+  The Location is in Norcross Nearby Harbins Road and Highway 85 in Gwinnett County in Georgiatotal income could be from $1600-2000Additional expenses would be providing cable ,water and electric for craigslist tenats and they would not be as stable as a regular tenant.About 12 properties in the neighborhood need work(yard, car on blocks, ppl hanging outside,etc.) has about 25-30 properties in entire neighborhood.

My hang up is the down payment.

Make up a flyer "We buy houses - all cash - settle quickly- all cash - family business please call Ray 555-Always have a legal size clip board in your hands, maybe a camera hanging from your neck and a pen in hand ....... this makes you look important - people will be curious and will be willing to chat with you for a few minutes.

Instead of toys (I have a few) I bought something that would generate more income.Best advice I could give anyone is not to put all your eggs in one basket.

Plant a sign, refresh the listing sheets, hang a lock box.

My plans are to act as only a wholesaler in my transactions as I will not be making any listings for sellers not hanging my license with a broker.