Most of the time the banks here don't even order a walk-through appraisal, they just send someone to drive by to make sure the house actually exists, and then us a formula based on comparable sales to decide if it's a go or not.

Since you're following David Greene's strategy, looks like you've found the podcast ;) I can't recommend it highly enough as you grow your knowledge base in REI.

View report*This link comes directly from our calculators, based on information input by the member who posted.Thank you in advance for your thoughts on this potential purchase.  6 of 8 units have been upgraded and new roofs on each 4 plex in 2017.

It took me 6 months to find a good one in East Austin.Make offers based on the numbers, make offers and be patient.

Once I got comfortable with analyzing deals and had a solid knowledge base from the forums, webinars, @Brandon Turner's "The Ultimate Beginner’s Guide to Real Estate Investing" and @David Greene's "Long-Distance Real Estate Investing" books, I hooked up with an agent in St.

Based on my interpretation of the description, It appears that the property is divided by percent between the two entities.

One of the renters is in the military and works on the base. 

US based investors.

Or was it purely based on a recommendation or referral?

Based on conversations with several private lenders, I am on the right track with functionality and features.