@Matt Wan Many lenders require wet signatures on at least the Promissory Note but if yours does not, as a US citizen you could do the entire signing anywhere on the planet with a good internet connection + mic + camera via Remote Online Notarization (RON) for less than $200.If wet signatures are required, the answer then depends upon what foreign country you are in.

So, if you're OK with that, then it sounds like a good deal.

If it checks out then the numbers seem good.

Most are being encouraged to buy Class B-minus rentals and below, but no one corrects them about their mistake of using Class A assumptions on these rentals:When a newbie gets smacked with reality via their losses, they then can only suck it up until time improves their mistake or dump at a loss.So, my question is, why can't we all do better and grow our industry with integrity?

Quote from @Blake Winiecki: Figure out how much you want/need to earn, then reverse engineer it to see what options are available. 

Now, if they asked whether the tenant had "pets", then that would be a different story, and only if the tenant's dog was actually an ESA.

He is probably trying to find someone that will buy the property, he then charges a "markup" to the buyer.

If your goal is financial independence, then selecting an investment city is a straightforward process due to the income requirements for financial independence.

I then bought a duplex and eventually got bigger.

Tenants will set up insurance, show you proof, then cancel their policy right after moving in.