The numbers seem to work from my initial analysis to build up a nice portfolio over the years with a nice buffer for vacancies & repairs.  

The next step in the process was to apply for a HELOC to use as my base funding for my first few flip deals so I could build up a nice cash buffer.  

People like to talk about the snowball effect of owning cashflow homes, but with growth rate properties it isn't a snowball, its an avalanche once you start tapping in to that equity.Cashflow is safety, it is stability, it buffers you against economic downturns and minimizes the chances of you completely failing and losing everything. 

. $600)From the estimates i have got seems like it will cost under $7,500 for repairs, i added a little buffer. 

I put 40% down to ensure I have a income buffer to cover expenses. 

It seems like some of these would be buffered by using a credible loan servicer.

Get a really big buffer with several more units.

Make sure you have a large buffer to deal with unexpected  issues.  

Otherwise you can make the mistake of buying the certificate on buffer land that the taxes will never be paid and you can end up loosing your money.

I live in one of them and I rent out the house in back of me.I was doing some research from the " Real Estate Investing" by the McGraw-Hill book and it said " Because real estate often provides a tax buffer between regular income (such as income from your job) and your real estate investment income due to depreciation, it is likely that some if not ALL of the cash flow from real estate investments will be TAX FREE"I have been reporting the income to my tax consultant every year but should I be doing something different and do I really get a different "tax break" because of the income that I am getting?