Can't just have any Joe off the street make a website & then put um in charge of that kind of money, it would be disastrous.

@Steve Vaughan kindly explain the 76% rational to those of us that don’t know the tax code as well as you please?!

I greatly appreciate those kind words Chase.Its an uphill battle but I've gotta turn these lemons into lemonade.Ill for sure take you up on the advice at some point.I have a ton of questions .lol

So I paid no closing cost.Talk to your mortgage/lender folks about down payment assistance and even check to see if the town you live or are buying in has any kind of first time home buyers program.

And what kind of properties are you looking at?

Access to money is always a vital element in REI of any kind.

Kind of simple - you want to know how the property affects your wealth, and your cash position. 

It's much easier to do this kind of homework when buying an LTR where you know that pretty much every 3-BR home in a certain neighborhood will rent for around $1100/mon.

If you would be so kind to view it and pick it apart and tell me what should go where, what I am missing and so forth.

What kind of loan do you have?