Please read up on comps and ROI and why they are part initial evaluations but not of due diligence.

So after a recent call w our amazing accountant he said something that hit me hard.  he said after 40 years w his clients he's observed that its easy to get into real estate investing and much harder to exit real esta...

I'd recommend you house-hack some small mulitfamilies and re-evaluate every few years.

Maybe a different way to go about it is evaluating the market rate for a rental of that size.  

I have a downpayment saved up, and I’m trying to evaluate what to do with the current market.

They evaluate your goals with you and help you work at your speed.  

Contact the condo association directly to request access to their official records, which should include maintenance logs, financial statements, and details on planned improvements or repairs.To ensure the information you receive is accurate, consider consulting with a real estate attorney or a local real estate professional.

I did mine when I was in the timber industry.. it was common for me to log a property then sell said property to buyer on contract.. but they had to go through the building permit process and in Oregon that can take a year or two.. so I would sell on contract.. then take my contract to my trusty commercial banker and hypothecate it..

Hiring an attorney to look at the documents is a good idea but doesn't come cheap.I would recommend googling things along the lines of "Evaluating passive real estate syndications."

I’m primarily evaluating the deal I’m lending on, but I also want to see what kind of track record the borrower has in managing their financial obligations.