Good luck running this property, I can't wait to build up 100k (let along 400k) to put into a nice commercial deal. 

Furthermore, you will need a job (or another stabilized source of permanent income) to help you build up your investment capital.

I look forward to continuing to read all of your insightful experiences and takeaways in the forums and hope one day I can build up enough experience to provide the same.  

If you calculate postage, paper, ink, envelopes and your time buying the paper, printing, licking envelopes, placing stamps and return addresses?

I figured now's probably the best time to take some risks given that I'm financially stable and have build up a good amount of savings.

I was shown a few places, compared them to the neighborhood and saw I was getting good cash flow, but there was no equity build up I was actually paying more then it was worth and would maybe sell in the future.I decided to flip it back and just learn the basics by practacing the BRRRR in my home state instead, here I can still find 25-35k houses with new kitchen/bathroom cosmetic work for 15-20k, total price in 50-55 that would rent for 695/750.

Hi BP Readers -We are about to go under contract on 7 properties in Kansas, about 20 units. Mostly college rentals, and we're getting them at a significant discount to market (even considering some deferred maintenanc...

@Shane Jeanfreau Assuming the seller financing terms are going to be better than most lenders', I would try to stay in the seller-finance deal as long as possible while you build up equity. 

I do wonder if for someone starting out, it would be casting too small of a net to hope they could build up trust with a pretty minuscule audience (assuming we’re targeting locally here...national would be trickier ).  

Homes are still appreciating rapidly due to many factors and people are starting to flood the greater Seattle areas right now due to the home/rent prices in King County.