New to the investing industry-

[Courtney August]

Hi All, 

My name is Courtney, I have been on the BP FB for a little while and just made it over here, I am very impressed with all the support you provide.  I'm not able to get the pro account yet, but I would like to get there soon.  

I have worked in property management, and mortgage reconciliation, so I do have a grasp of the industry. I would like to invest in a multi-family unit with someone, ideally using an FHA loan. I would live on sight for the first year and manage the property from there, I know a lot of you would rather avoid CA, but I just can't give up the weather.

What my ideal property would be:

Minimum 2 units 

Close to event/ attractions- Beach, shopping, entertainment, etc.

Economically middle-class area 

I have one close to where I already live, which hits most of the markers- but there are a few things that are causing me to pause. 

1- the price is too dang high for the area, it has been listed though for 158 days with multiple decreases, so I think there is wiggle room  (400->350K) I'd like to get it to 285K

2- I am unsure of the rent currently being charged, local rent is going for between 1K to 2K depending on the quality. All 3 units have tenants, 2 are long-term. 

3- I am guessing as to repairs but there might need to be some work done beyond basic paint.  1 of the units was semi-recently remodeled.

My question to you:

1- What would make you feel comfortable teaming up?

2- What is your ideal percentage? 

3-What can I do to add benefit to your time and experience?

Thank you for reading and have an amazing day,

Courtney