The environment now with higher interest rates and higher purchase price does make it more difficult but definitely doable. 

Quote from @Jaren Taylor: Quote from @Stuart Udis: Depending on the transaction sizes you are pursuing, raising money to purchase property without debt requires either an incredible network of relationships or devoting a lot of time and effort to raising money.

I own a small multifamily commercial in Albuquerque and can confirm the diversity of the economic and cultural factors that you mentioned. 

- Look into if property taxes are reassessed after purchase.

Can anyone recommend any sites, courses, videos, or books to purchase so I can prepare for the test?

Purchase price: $169,000 Cash invested: $35,000 Looking to put 70K into the separate garage to make a 730Sqft home.

@James Boreno You’ll likely owe taxes, but don’t forget to account for your adjusted cost basis, which factors in the original purchase price, depreciation over 10 years, and any capital improvements.

My question is do I go forward with purchasing the property and deal with the higher insurance and potential hazard or is it smarter to walk away?

Asset sold was mainly transfer of client list and contracts.Does it make sense for me to seek out a note purchaser?

I have success in helping my out of states and foreign investors purchase properties with this type of loan.