Additionally, when you are ready to make that first investment, you will not have to blindly trust an agent to help you find the property.Don't get discouraged!

Its a scam to try to get you to spend 24-46K in additional "education".

After speaking to City of Rochester rep Liz and Jennifer; they state:* All Inclusive Service (Trash container, Recycle container, Bag on Side, Couch, etc) with out notice or additional charge.* Do not have a service agreement which does not tie you into any length of time. * Rates with them have been stable over last 6 years.

It's also tougher lead paint laws, additional protected classes under fair housing laws, eviction procedure, etc., as compared to NH for example.

The bad part is you will pay private mortgage insurance - basically an additional fee because you don't have 20% down

As your experience and confidence grows you will be able to search through more distant markets, but as you said that you are just starting, I believe the best advice is to being by investing locally.Though other markets may offer a higher return, make sure you factor in the additional costs.

In addition to the materials and labor cost for rehabbing, you add an extra step where the design has to be reviewed and approved by the historic people.

But, all of that will be used to seed the system to chew on my data and generate reports as the additional data from the CRM system is fed to it over time.I do want to be clear on something here, this is not a magical concept where you pour all this in and it tells you your HVAC at 126 Elm will fail next Friday at 10 PM.

O well, I decided to list it for a high rent, I would have been happy to just add it to my rental portfolio.So I had 2 very interested tenants after the property now, both seemed well qualified.

If this is 5-6 houses, and you get $100 per month per door, it will take ~3 years to have enough for the next house without any additional capital.