If you define cash flow as gross income minus all expenses including debt service and repair/vacancy/capex reserves of about 20% what does that leave you with?

What does your lease agreement with this tenant define with the security deposit and non-performance by the tenant?

applies to my primary home, which is defined as having lived there 2 out of the past 5 years (began renting shortly after getting married).....Am I correct in thinking Section 121 applies to the sale of a house I've been renting for 1 & 1/2 years?   

I love the idea of becoming a property investor, but have no further defined which area I would focus on. 

The law does not define what is considered abandoned. 

@Carini Rochester How do you define a "Decent Rate"? 

Analyze 50 real opportunities, that will help you learn your market and define your criteria, and start making offers in line with that criteria. 

I define the "rat race" as the endless circle of paying bills and saving, only.

Then, determine your buy box that further defines the type of property and the geographical location.I think it is important to remember that whatever you start with in your buy box can change and evolve over time. 

I would be very interested to hear how you define the three tenant pools in Las Vegas.