I could get the same or higher overall ROI by putting my money in an index fund which is 100% passive.Deal #2This seems like a good deal to me at the asking price.

The hardest part is taking that first step, and you’ve already done it—now it’s all about being a sponge and jumping in when the opportunity feels right.I am happy to answer any questions you may have.

- How many below-asking price offers will they write for you before ignoring you?

But, assuming this is a fairly accurate number, the little I know about San Diego (and quick look on Zillow for multifamily properties) seems like $1.5mm is the minimum asking price for two units.  

Hi NidaI am very spectacle that the purchase prices you mention are anywhere but war zones.Most worth considering will start at $100K with rehab necessary.Please bewareBest Mike

Don't change jobs or income yet.Once you do and you think you can manage the payments based on your new income, maybe once you get the rooms rented.Then if you want to switch there are plenty of opportunities. 

Purchase price: $255,000 Cash invested: $51,000 Second property, bought soon after the first multi-family.

Here is the wholesale rate range at 85% loan to value.  300K purchase price using Jacksonville as the property's city. 

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

Here's what I am thinking: if I CAN buy the property, ask for him to sell it to me for a lower price (like 350k -- that way he gets 100k) but then doing a prom note with him for an additional 50k by pulling out equity and paying him around a year later.Do you think this idea is smart or doable?