@Ryan M. read online that AFCI breaker are very sensitive and sometimes false positives.

The positive energy is very welcoming !

I'll be protected via 1st position and given mortgage/DOT.

If you have any input, positive or negative, please post or PM me.Much appreciated.Eric

Cash flow:$1356Cap rate: 0.3These numbers are based on $10,000 down payment, and a mortgage for the other $20,000 @ 6%.This makes the mortgage (with taxes/insurance) $412In addition to the $412 I've added a 10% management fee($75) and a 20% vacancy/repairs allowance ($150)The total is $637, leaving me $113 a month positive cash flow$113 is not much, but I don't NEED the income now, just don't want to get myself in trouble.

Even if the investor can exhibit a positive profit with the conversion of the loan, what obstacles do you envision?

I know many keep this to themselves so what I am asking is if someone can give me some advice on the best way to jump in and position myself to be more successful from the get go.I would also like to get some income examples from some of you if you wouldn't mind PM'ing me with them so it's not out here in the public.Thank you for any responses in advance.

I have a lot to learn, have a lot of questions, but, I'm hard working, positive and determined....I will reach my goal!!

Buyers are paying at least 95% market and above and rehabbers are willing to pay 85% plus for even fixers.If you want positive and decent cash flow, you would have to "create" it.

Most of my purchases have been by using equity or personal cash positions.