The truth is, you could read 100 books and still not know enough because certain things need to be learned through trial-and-error.

Going after 6% cash on cash returns with tons of margin for error can be a much better plan than going for 20% cash on cash returns with a complex rehab if you are not ready for it.  

I have 20k in savings, I own a house which I paid 186k for, I have done numerous updates and I could probably sell for 240.

@Noah McPhersonI think what you are talking about is somewhere between administrative errors and unpermitted changes to the property. 

I have been searching online and calling numerous companies only to get No answer or told that they only market their own homes or the last scenario is a company named Coorporate Housing By Owner that makes extraordinary claims toward keeping the home rented and generating a nice monthly income between $5,500-$6,500 per month, however this companies reviews are mostly all negative.Any knowlege that you can share would be greatly appreciated. 

With interest rates at a 10 year high, numerous potential home buyers are flooding the SFH rental market because they cant afford the interest rate on a mortgage.

I’m not saying there will be mistakes on every deal; however, you should expect them to crop up from time to time.This goes back to the first point I made: A wise investor will plan for errors.

The truth is, you could read 100 books and still not know enough because certain things need to be learned through trial-and-error.

The truth is, you could read 100 books and still not know enough because certain things need to be learned through trial-and-error.

I have taken on numerous multi family projects through the years, from six-plexes to 75 unit complexes, with generally smooth transitions, except for one twelve unit property filled with unemployed criminals and homeless campers.