@Larry Smith Since there's NO equity in this whatsoever, the only way you should take this Sub2 is if the seller coughs up a LOT of cash at closing towards repairs.

They now have to have completely clean financial histories and no behavioral issues whatsoever, or I reject and move on.

He couldn't put me in touch with an actual owner, he claims that he has no contact of the owner whatsoever. 

Cut your teeth on this first place for a while so you can really get a feel for it and some experience while having a good margin of safety if you have to sell.

In fact, most of them it's like pulling wisdom teeth to get the information I have. 

So I'm not ripping on RE agents or brokers WHATSOEVER, in fact I will likely become one in Illinois in the future.

The 1st few years are a learn experience and you cut your teeth. ( Don’t give up on the first bad renter or problem.)

If they're a good tenant, there may be no change whatsoever in the payment amount; if they're a PITA tenant, there's going to guaranteed be a change in the payment amount to compensate us for their aggravation. 

In addition to the networking, group members are accountability partners that help me stay focused.If interested you can check out the program : https://www.openspaceswomen.com/ I am not being paid for them whatsoever but just wanted to share is working for me.

We've already began the capital raise and have a network of investors, partners and team members looking for something to sink their teeth into.