@Alvin Uy I am currently taking on new clients for my accounting practice and sent you a connection request and DM.

My market can command rents between $1,400-$1,800 a month so in practice I am setting aside $168-$216 for a light renovation or $140-$180 for a heavy renovation.

The exam prep was literally about 1500 questions sectioned into 50 and 100 question practice exams. 

Networking is always a great practice and you never know who you might meet there and what good information they have to share.

@Anton Taylor The bank has the right to call the loan due, but that doesn't mean they will exercise that right.

But I have found that being honest and open has consistently been a good practice.

It's the closest thing I know to living practically free.As far as problems between tenants, I haven't really seen a lot of issues in 2-4 plexes.

Forget about funding - you won't be needed when you practice and .learn how to control because you will be assigning your contract for all cash - and FORGET about appraisals and inspection turn-downs because you will be offering your contract (property) in "as is" condition.

A portion (or all) of your lease payments are credited towards your down payment if and when you do exercise your option to purchase the property.You can then (make sure the lease option explicitly gives you the right to do so) rent the property out and manage it.

What we realized is that we had expectations that we assumed were standard practice.