Start a spreadsheet with all necessary items of a home (you could even include sub-lines of high, mid, low grade) and spend 30 minutes on homedepot.com just to get an idea of what things cost these days.

I just wanted to get something under my belt without having to spend alot of my own money.

This can be done virtually as well, just prepare to spend some time researching the area.

There really isn't a right or wrong here, it just depends on your goals, how much time you want to spend managing the units.  

I question to you would then be do you think your efforts are best spent filing the police report and chasing the tenant or possible spending it speaking with your local and state legislators explaing your situation and helping them to understand the impact of the things they vote on. 

Investment Info:

Townhouse buy & hold investment.

Purchase price: $142,000

We used Pathway to Purchase to buy and hold a property. Drawbacks are you cannot turn them into rentals for a year so they h...

The more cash your spend, the more you have to recover and the less you have to assist in that recovery.If you want a longer explanation,  PM me.

The lease and other documents provided by the former PM clearly stated that there were no dogs in the household and that pets would only be allowed after a pet addendum was signed.

Hey guys!
I was wondering if anyone knew if I could purchase a home as a primary residence with the intent to flip it? Only reason is because of the low down payment options. 
I’ve seen on podcasts that you need to ...

Tax benefits usually happen when you SPEND money or have a LOSS (real loss or theoretical loss such as depreciation).