Just be smart and patient.

This is why smart syndicators took a step back from acquisitions during such. 

When we are asked as the owner if I am licensed and I say no every attorney or broker dealer says “that’s smart”.

When you have finances in order and a trade that can help an investor, smart young investors like yourself use that as their competitive advantage to be an asset.

The first purchase is always a huge learning experience so it's smart to buy something you can't lose your shirt on.

I can tell you I am often cautioning new investors to the incredible risks they are taking and try to help them understand it is not all as rosy as those seling courses or you tube videos claim.A lot of people have made money in the last several years not because they are smart but because they were the beneficiary of an unprecedented increase in prices and rents. 

It can depend on factors, sounds like in the ballpark but definitely smart to shop around. 

Hey @Sandrene Smart - there are a few companies out there that lend on EMD.

My friend arranged for us to meet and I was amazed how much of smart yet simple guy he was, super down to earth. 

Most of these property management and HOA management has some very long contract document which is prepared by smart attorneys to make them harmless from every action(they hardly do any work).In Texas property tax is high.