This is especially true for the city and for most of the trendy neighborhoods.

.● Management Company Challenges.

I'm excited to start this adventure and ready to meet the challenges. 

That is where the magic happens and where true connections that can enhance your journey are made.

I also question whether this $700K six unit is a true 10.5-11% cap.

They told my attorney that they were trying to obtain “seed” capital (from me) to finance the lawsuit against their true targets.  

That said, I completely understand your concern about deals looking "too good to be true" when you’re putting in 50% down.To avoid this, it’s best to analyze properties as if you were using more traditional financing (20-25% down).

Keep in mind, the region is immensely sought after, leading to notably low capitalization rates.Positive cash flow from a rental property becomes challenging; however, there remains potential for substantial returns through appreciation.

The biggest challenge is finding a team you can trust that will run the business for you because its not passive at all. 

A real estate agent has plans to list for $600K but the challenge is that I could use the money now.