The 15-20 year run people had is gone, so be VERY careful with listening to some of these "real estate gurus." 7.

Research market rents, carefully calculate expenses, and ensure you have a solid lease agreement.

Care to share the details?

With careful planning and local insights, Richmond can be a solid addition to your investment portfolio.Good luck!

No one will care more about your success then you.

I still think if you're an investor, you need to run your numbers carefully. 

So be careful

At the end of the day, 99% of sellers and brokers only care about your surety to close (I leave out 1% that might care about HOW you operate your deals, regardless of price paid).The fact that you have never closed a large transaction AND are not providing all your proof of funds up front and/or talking with brokers about where the money is coming from, will give them some trepidation.  

Hi Malcolm, With your strategy of holding multi-family properties or flipping, the key is running the numbers carefully to match your goals.

I always viewed it as "who cares how much money I put down", I plan to pay them all of before I retire as part of my ultimate strategy anyways.