@Karla TorresThe true expenses may be low due to the leases being NNN with CAM charges to the tenants to cover taxes and insurance and other common area maintenance costs.

I am a military officer now, but I did construction in my previous life so I'm pretty familiar with framing, roofing, siding, windows, doors, drywall, etc.

On the other hand, you can' t let fear rule your life.

My wife and I are looking to step into the life changing life style of buying our first rental house.

Specifically, property that has a useful life of more than one year does not qualify.

Sacrifice something in your life and leverage (safely) with these low interest rates.

My ultimate goal is to be financially free when I’m 30 and be able to give my family the best life possible.

He grew up in the business (his dad was a local contractor, as well) and has done it pretty much his whole life.  

We found out through a previous inspection report ( two years back) on the house we are interested in, that the roof/HVAC (heater/cooling unit/condenser etc) are all nearing the end of their service life.

Then, the meeting starts and after squirming in your chair for 1 or 2 hours you would have been much better off staying home, relaxing and reading a book, or organizing your life.