I'd love to pay to become a lifetime member of the TREA site and utilize all the tools and browse around learning for myself...

In your numbers you don't mention anything about other expenses such as maintenance, lawncare, utilities for outside lights, etc.

On your weekends pick an area and drive so you can see what other Investors are doing.

Take that rent and subtract ALL of your expenses (mortgage, property taxes, insurance, maintenance, vacancy, utilities, advertising, etc.).

I've deliberated posting my opinion about a specific "service" and instead will generalize.An excellent marketing scheme, imbedding solicitors on websites frequented by distressed homeowners creating a wide-mouthed funnel to collect leads for a select few to 'cherry pick' who offer services (oftentimes offered without charge by non profits, or the mortgagee itself).

I bust my butt for two months learning the ins and outs of REOs and picked my niche.

You really have to pick your battles with the assessor's office.

Pick your battle wisely.

I wouldn't work with this one right now..Keep your eye on it though the bank will forclose on this you might be able to pick it up cheeper

i did mediocre on purchase price, was about dead on, on rehab cost (took too long, though), and then held the property for so long that i ate 100% of my profit on mortgage and utilities.