All good points @Stephen Barton .Don't forget in addition to paying for the Broker class [about $400] one will need to join MIBOR & the National Board of Realtors - not to mention E&O insurance and centralized showing fees.  

Your management costs are greater (25-50%) if you have it managed, And your window for income generation is often seasonal.  

I was last at the property just a couple months ago; we had some water come in a basement window, and before that water on the floor from a full lint sock, I tell all my tenants that if you see a drip of water out of place to call, and both times she called asap to let us know of the issues and we took care of them asap.I have re-informed her of the terms of the lease via my latest email and voicemail: utility payments are considered rent, and when overdue late charges will apply, which are $25 once late as of the 5th of the month, this month, then $5 each addl day.

This is not critical knowledge for getting your offer accepted, but it is critical for not wasting time on deals that are not worth pursing. 

i am using windows 2007 i believe.

They are both great at learning the fundamentals.Also - here's a couple articles you might enjoy:The 21 Best Real Estate Investing Books Ever How to Rent Your House: The Definitive Step by Step GuideHow to Be a Landlord: Ten Tips for SuccessOh - and don't forget to set up your Keyword Alerts!

Forget about what the seller is asking for the property.

It's great for getting into local conversations.See you around the site!

They are both great at learning the fundamentals.Also - here's a couple articles you might enjoy:The 21 Best Real Estate Investing Books Ever How to Rent Your House: The Definitive Step by Step GuideHow to Be a Landlord: Ten Tips for SuccessOh - and don't forget to set up your Keyword Alerts!

Investors are not the only ones who buy properties.People always forget that owner occupants drive market pricing.