Hi Hemed,Did your realtor and investors agree with your comp analysis (both on the initial and current)?

Your initial terms will vary based on your investment experience, but generally, you want to plan on needing 20% of the purchase price if you're a newer investor and the lender will cover 100% of the rehab.

By the way if I see the same proposition that was previously on the ballot and got struck down, I automatically vote against it on principle regardless of how I voted for it when it was initially on the ballot.  

Not much in terms of online reviews as far as I can tellI invested in a lot in Colombia a few years ago and have yet to see a payout as illustrated in their initial pro forma on my $30K investment.

LTC is sometimes referred to initial funding.

Partnering: If you're initially short on funds or experience, consider partnering with someone who has more experience or capital.

Having said that, since you're a newbie my strong suggestion is to go thru a professional initially.  

If you initially end up needing to raise rents I like to do them one at a time to minimize potential turnover from happening in multiple units at once.

The purpose of tgis post is to get an initial feel regarding the viability of this idea---This post does not create a CPA-Client relationship.

If your goal is only initial cash flow, almost any major metro with a declining population will meet this need.