The second is to welcome in 100 new investors to the REI family and assist them in building their passive portfolios.

I wouldn't spend 2k on it or anything.

Essentially it comes down to how much time and effort you're willing to spend building the model.

Quote from @Tangie Pate: Has anyone purchased the Lee Arnold System and used his pre-trained virtual assistants? 

Welcome and Good Luck @William Grantham BP is a great place to learn and get assistance.

Happy to assist you and your wife in any way that I can with your funding needs as well as advice/input on your projects. 

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Quote from @Mack Tesfa: Looking on recommendation for insurance provider for multifamily in Texas, Hidalgo county ,any experiencethank you   sent a DM if you'd like assistance

Major difference between working with market renters and tenant assistant programs as well.

Based on what my real estate agent thinks that this quote will be, roughly, and the after repair value, it looks like I could buy this property in cash, spend a month or two fixing the damage, and then put a mortgage for roughly 1.6x what I paid for it and thus have a cash flowing property at a few hundred dollars per month and a little more money in my bank account ready for a down payment on the next deal.