Aligning expectations with investors is such a critical part of building trust and ensuring long-term success.

So you’d be hoping to make $200/months for dealing with 3 x as many tenants, vacancies, tenant on tenant conflict, late payments, etc etc. . 

That's tax-free money, but your rents need to be able to support the new mortgage payment.

So the payments will be higher than a 30 year and you have to account for that. 

It’s easy to approach networking with a “what’s in it for me” mindset, but I found that the most valuable connections came from a genuine interest in building mutual trust and respect.

The current owner is letting me take over the property as a tenant as long as I pay the water bill and the mortgage payment on it and whenever I decide I can purchase property for the balance of the mortgage  they are in no hurry for me to purchase the home as long as the mortgage is paid. 

that isn’t subject to higher down payment requirements or higher interest.

There are some options at lower deductibles but trust me you will pay for it!

The leaders of these must gain unearned trust and authority very quickly.

Interest only loans allows them to get a goal profit of $500-$600 per month per property.3) Each acquisition would require 20-25% down at an 80-100K purchase price. 4) Closing costs, and the Eric Spofford turn-key transaction fee of 10K would be in addition to the down payment and were not included for the purposes of calculating the cash-on-cash return.