Suppose you buy a $700,000 three-flat in Avondale with a $5,000/month mortgage and rent out two units for $1,500 each.

Quote from @David Lambert: Hey David, I have experience managing properties for my mentor before going out and buying my first one.

Also, she couldnt be home for the cable man to set her cable and internet and she asked me to be there for her.As I mentioned before, she is a great tenant.

I am looking to grow my buy and hold rental portfolio and would love to network with other investors/agents/wholesalers etc.

Sorry, I'm not buying this story.From make-ready's.

Since this is a real estate forum, I'd just clarify what someone could buy the real estate for and what your lease terms would be.How many sq ft?

Then bought my own deal the following year 37.7k sq ft warehouse on 4 acres in Plano.Been buying industrial for last 6 years.I think your plan is right, I'm a big proponent of joint venturing on commercial deals.

@James JeffersonHi James,To buy out the property you need to probably apply for a loan through any lender.  

@Fabio Cattolico"if I could get an out of state property for a great price and the numbers seem promising, wouldn't it be good to start off like that if I'm in a place where buying is unaffordable?"

- What metrics do you use to measure "good"Ex "Hi I'm looking to buy a single family home in Richmond TX in the $150-200k price range.