I am changing the locks over on all of my units at each turnover.

Thought I would pass it along.The Myth of Cash Flow Not sure what Andrew is smoking, but I can give you a real world example in NJ (NYC suburb - I don't know too much about MO, but I can use NJ since we just purchased another three family.Price 700,000Taxes - $11k (rounded)Insurance - $1700.00 (rounded)Water - $100.00 (rounded)Common Electric - $50.00 (rounded)We can use his 7% with 20% down.Payments - $4,930.68Apt 1 - 2 bedroom - $2,000.00Apt 2 - 2 bedroom - $2,050.00Apt 3 - 1 bedroom - $1,800.00Total income -       $5,850.00Total expenses -     -$4,930.68==========================NET                         $1,019.32 x 12 = $12,231.84The cashflow "myth" is bullsh!

Go with someone with solid google reviews and over 5 years in business and move on if needed.

Generating a way better return on Investment.

I am the lender on a property that has already been bought and renovated. 

It also takes experience in the asset class that you're raising money on.

I am currently working/studying on getting my RE license online.

I have an opportunity to purchase a duplex property walking distance to a SUNY University. 

Creative Financing" can mean a lot of different things depending on who you're talking with. 

But the IRS has said that it is not appropriate to purchase from a related party when the purchase is an attempt to avoid tax.