I work full time and would continue to do so.

My best mentors have been out-of-the-limelight guys who didn't see themselves as my mentors but continued to answer my questions and agree to spend time with me.

If one continues to add value, one can never go wrong!

If you have the property under contract and you still want to buy it you can file a kid pendens notifying any potential buyers the property is subject to dispute.This could force the hand of seller to continue on with a sale to you.

You may start out managing but if you don't continue then you will not have budgeted for future PM.First you said, "15% Repair & Cap EX COMBINED" then you said "Repairs are being budgeted at $150 a month" so I was unsure of what percentage you ended up doing.I did 10% vacancy, 5% cap ex (which is low), 18% R&M because your last statement was budgeting $150 per month.Our calculations may differ as I take the vacancy from the Gross Rent to achieve my effective potential (some may call it something else) and then begin deducting things like Taxes, Ins, PM fees, utilities (IF they apply).Since you didn't put taxes nor insurance I put $1000 for each.

Short sales are a LONG process if the realtor is already being difficult you may want to continue looking.

Continued success!

I would like to make the deposit two weeks from the time of the agreement.We do understand that the proposed purchased price might me lower than you had originally planned, but we want you to take into consideration the following:We have held a lease with you for over a year, and during that time we have never missed a payment and always made our payments on a timely manner; therefore proving that we will continue to do the same specially now that it will be towards accomplishing our life dream of owning our first home.

In order to get more data points for a good decision I would recommend you continue listening to BP podcasts, join every weekly BP webinar that @Brandon Turner offers (last Thursday's webinar was made for you, so ask Brandon for the replay) and read "The Ultimate Beginner's Guide to Real Estate Investing".

“The marketplace is also continuing to experience a steady rise in the average sale price.