hello i have a 2 family home that i have just finished paying off and would like to start investing in property. i have very little experience in this area other than paying for and maintaining my current home. i have excellent credit and have currently started looking at multifamily buildings in various areas in and around boston. any advice would be appreciated.

The landlord has a choice, evicted or just write off the missed months, which basically what they do by continuing to except payments by never having the tenant bring the account to zero.Each time we buy these properties, we send all tenants a welcome letter explaining to them that the old landlord may have let things slide, but we evicted by the 5th, and the follow through with it.

Hello BiggerPockets forums.As a bit of background, I'm in Memphis, TN, and while I have well over a decade's experience in investing, I have never done any real estate investments other than some REITs.I have about $12k to invest and excellent credit, and am looking into investing in rental properties.My thoughts are that I should start with multi-family units with existing tenants, as I'd ideally like to keep some of that money left over in case of unforeseen expenses, and I really don't want to dip into my backup funds unless I have little other choice.My questions are 1: Is this a workable strategy?

Combination of Excel and Tableau (I already had a license, so no cost to me.

I have created a simple excel template that I update with what is needed to be replaced/updated and it will tell me a rough budget for the rehab. 

"Think and Grow Rich" and "Rich Dad, Poor Dad" are both excellent books to read (in paperback) to help you clarify your goals.  

Searching for deals and using past deals to run numbers on Excel on new deals has been the most beneficial so far.

For more accuracy, just take a deep breath, grab a large coffee and line by line an excel spreadsheet.

There are in fact some excellent financing tools for accomplishing what you are looking to do, specifically through the FHA program that allows for as little as a 3.5% down payment.  

My car's back seats fold down for a makeshift sleeping area and somehow, I managed to sleep slide my 5' 10" frame into the Civic's trunk.