I own several hundred rental units in other states, otherwise I'd join you in helping cover the costs.

Imagine if you had one single-family home.

Unfortunately, based on my experience, I'd be surprised if this is a legitimate opportunity for investment... more likely it is a means by which Eric and his team gets rid of properties they no longer want.

I guess my first question, which I imagine is similar for many who enters into this forum, is what is the best first steps for someone who is interested in real estate and investing, but doesn't have a great deal of capital to begin the journey?

After 30+ years of property management, I'd say get used to it sucks. 

A $240k loan amount on a $249k purchase price seems crazy and I'd never expect to produce any net positive cash flow doing this.How are you calculating your property taxes?

But I’d’ also ask if the girlfriend is a legal US citizen?

And then I'd have to foot the bill...

I'd love something that allows me to keep up with rehab costs, maintenance, leases, etc. 

I'd be happy to talk with you about what you're looking for and what questions you have about the process.