Obviously we still need to discuss and get more information to try and determine its true valuation, etc...., but we thought initially it would be best to offer a cash down amount($20,000) and then offer a percentage of revenue over a three year time frame. (50% of management fees collected: yr1, 30%: yr2, 20%: yr3) until the balance of the "acquisition" price was met.Again I know I've left out a lot of info but this was just to hear some ideas or previous experiences.Some generals:Approx. 100 doorsMost are 2yr leasesMost are long term clients of the current companyAverage rent of $2300Thanks in advance and have a great weekend! 

Beautiful city was driving through it the other day amazing how much luxury new construction 

There is no true "science" to it and it is a bit of an art, but to answer your question, you are doing all the right things, and I would not let 2 rentals that have been on for a long time stop you. 

That sounds too good to be true.

Goes with the job, I live and work in the territory I work in.The following things I believe to be true: you could definitely do this; you will definitely take on more risk.Food for thought: building a strong network of folks you trust would be a must.

I'm particularly passionate about small multi family properties.Outside of real estate, I am a registered nurse, a husband, and father of two beautiful children 😊.

Big difference It’s like seeing an ad pop up on google that says Google sponsored ad - it doesn’t mean Google recommends them it means they are paying GoogleThe same holds true for self directed ira custodians and others who may have on their website some names “sponsors” - a sponsor isan organization that pays a fee in return for advertising.

This is especially true when only putting down 5%What is unfortunate with the 5% conventional program is that you get hit from 2 sides:1.

Navigating regulations and managing properties can be complex, but with the right preparation, you can find success in this dynamic landscape.Also, Colorado is such a beautiful state that it would be a shame for you to move out of it!

This is way more true than is readily apparent.