In other words, partner with a good friend.I would be careful here, these partnership issues could derail even the best deal.If finding the right partner is impossible then your alternative is to assign the deal to someone else who has the capital to take it down, and receive a large assignment fee.

I was facing similar "underwriting" issues here in Columbus OH, I talked with my mentor on what to do, his advice was push in, ask questions, get a clear why, and see if there are alternatives.

Even if not the best deatl possible, this would likely beat the alternative of earning .5% in a high yield savings account in a 2%+ inflation environment.When I think of CoC return, I think of it no differently than you would if buying dividend stocks.

@Kevin Woo  going the fha route with 3.5% down will give you higher payments due to less down and the mortgage insurance premium (MIP)...the alternative is going conventional for a duplex with minimum requirement of 15% down with a minor monthly mortgage insurance which is usually the difference of $100k or so in down payment depending on purchase price. 

I recently found some alternatives that I am looking into as well.

But all of that depends on the area, the potential for future rent growth, the expected condition of the property at the time of exit, macro factors such as interest rates and the performance of non-real estate investment alternatives which effects the availability of equity capital, and the list goes on and on. 

Outdoor shed and unit storage can be a great and cheap alternative too! 

Hey y'all,I've been running a small (non-R.E.) business for many years, so I'm no stranger to what it takes to manage a small business's finances. I'm also no stranger to Quickbooks, because that's what I've used for ...

Alternatively depending on what type of system you have and how well it's designed you can do a control with out door temperature reset and no t-stats at all.

Hi Everyone,I currently use Cozy but looking for a free or cheap alternative that offers more tools that make management of the property easier for myself as the manager and also the tenant.