I purchased my first property 2 years ago which was a duplex that has one tenant with myself in the other unit. 

You put a $200k down payment on a $1M building at a 8% capitalization rate (very achievable).

They have a vested interest in helping you achieve your goals unlike some other arenas based on commission only.Make sure that the price reflects what the rent actually is - not projected!

I'd not touch anything out of the ordinary repair care for the unit.

If we can employ the BRRRR strategy going forward, we will be able to scale much faster and achieve financial freedom in a much more reasonable timeframe.Some challenges with the lack of records with the previous landlord.

You can still easily achieve rates in the low 7s depending on LTV for a DSCR cash out refi.

Thank you and I understand it won’t be easy to achieve this my life has never been easy so I’m used to pain and I feel more comfortable there.

Despite the challenges, we achieved a substantial profit.

Despite the challenges, we achieved a substantial profit.

The best piece of advise I give new investors is to figure out what you want to achieve within the next year and start backwards planning on what areas and metrics fit those goals.