Drag you through a long expensive lawsuit when he simply refuses to close.  

(rent income covers expenses, mortgage, and more)My experiences: How many properties and how long have you had them?

Can you send me the current rent roll, income expense worksheet and last two years profit and lost statement.

I have settled on the strategy of house-hacking to start off my adventure with the incredible power it can have of reducing expenses to free up for more investments and focusing my research on this niche per Brandon’s principles.My plan was to simply watch and wait.

The various calculator are a fantastic resource which I've been using to try analyse a bunch of deals to develop my own knowledge and experience.I've been struggling to quickly and accurately estimate the Variable Landlord-Paid Expenses for rental properties. 

The advice is much appreciated If saving for a down payment is a problem, you want to know what are your expenses.

You could then avoid the whole trial and related expenses. 

It depends on where you live but enough for the down payment plus one of the most expensive repairs you can think of like a roof repair or minor foundation issues if you live in a place where this is common.

One thread topic that has been going on, is those of us in expensive markets, LA, NY, San Francisco, have to deal with much higher home prices compared to market rents and that affects deal structure on a sandwhich lease or sub to acquisition with lease option exit. 

HOA fees can have huge ranges, properties taxes can have huge ranges and can reassess after purchase, many FL properties are located in flood zones which can require expensive flood insurance.