I have already been very interested in involving myself with investing for a number of years now and definitely think now is the time to finally jump in.

Below is my basic math for my investment: Annual Interest N (years) PV PMT/month Monthly Rental CF 4% 30 $ 180,000.00 $ (859.35) $ 1,500.00 $ 640.65 The 180k price tag is not negotiated yet.

While I plan on being very hands on and involved with these new potential property/properties this summer, when next fall comes around and I start nursing clinicals again, management will fall squarely on his shoulders.

Also, I wanted to become more capable of understanding different RE terminology and concepts so that I know how to ask the right questions and truly understand how a lot of it works, as before I was just reading most of the posts I would get alerted from my keywords alert setting on BP and was not comfortable becoming actively involved in the conversations because I just did not know enough. 

So I'd say do the math backwards.

I was originally intending to use these funds for fix and flips, but since I cannot be involved in the labor aspect and I will get taxed at 40% ( UBIT ) on the gains, I am looking into lending this money to other fix and flip investors so that my gains can grow tax deferred.

Hi,My name is Pedro from Taxachusetts.I've been gaining knowledge by the minute on this incredible forum.Kudos to its creators.I have several goals to get into real estate.My wife and myself would like to wholesale,flip and buy & hold exclusively multi families for the passive income.We also would like to get our 15 year old son involved as he has shown extreme interest in watching HGTV and DIY channels about the flip and rehab shows all the time.

I'n the process of my research, I notice many reports of "SALES INVOLVING GOV AGENCIES &......." that do not reflect a purchase/sale price...just a bunch of zeros.

You could probably do some quick math and come up with 5-8% of monthly income to go towards capital improvements/reserves.

Part of that involves sourcing my facts from experts in their field, not from the opinions of others.