It was a humbling experience, knowing he chose me over his previous agent.Success in this business takes time, but as I tell my kids, honesty, integrity, and accountability will take you far and help you sleep well at night.Best of luck!

If you had good credit (670-730 range), you have 20% to make a down payment, and sufficient income to qualify for the home you want to purchase - Would you choose the FIRST-TIME HOME BUYER or CONVENTIONAL purchase option...which would you pick and WHY?

Another possibility could be a home equity line of credit (HELOC), if you have sufficient equity in another propertyGood luck with your project!

The best way to connect and learn is to be in rooms where it's going down.In terms of captial your best bet is to focus on a primary income that cash flow sufficiently, saving as much as you can and doing something real estate related so you can get familiar with the industry.

It could indicate they lack sufficient knowledge or experience in professional property management, which may lead to costly issues for you down the line.

One thing to be aware of is the FHA multifamily self-sufficiency calculation which determines if a property can generate enough rental income to cover its mortgage payments.

I like to think of it like the BP Money Podcast thinks of it, find the best value but if something is emotionally affecting you, than target that and do what it takes to get that solved and then you don't have to worry about it when you go to sleep. 

They wouldn't be coming to you.So you can get a gold standard investment advisor and give up .5 to 2% of your return, or you can send the money to one or more huge index funds like Vanguard 500 index fund and sleep well at night.But if you think you have something of value other than the generic value of money, you will be sorely disappointed.

There are more options, but this is sufficient to answer your question. 

I plan on converting the barn into another sleeping space and indoor/outdoor rec room.