You'll never get your best deal until you understand what the other side is dealing with. 

I am strongly considering Philadelphia as a market to invest in OOS because I was raised in Jersey and I used to be familiar with neighborhoods in the city; I understand things have changed over time, however.

This is completely understandable that folks don't want to move around in the cold/ winter.

Hi Hellen, not sure I understand what you are saying.

If I understand correctly; the seller would receive 80% ($40,000) directly from the mortgagee at closing and would enter into a personal agreement with me for the 20% down payment ($10,000) in which he would be reimbursed separately from my mortgage payments at a separately agreed upon rate and term?

Network with local investors to understand what formulas they're using.3.

Quote from @Max Martynenko: Thanks for your understanding and sense of humor!

Why ask: This helps you understand how many people have succeeded under their mentorship, giving you an idea of the potential outcomes.

I am looking to invest in Scottsdale, Tempe, Phoenix, or Mesa and want to learn more about analyzing multifamily deals, understanding PHX market trends, and house hacking in general. 

Until you have $1 million or more in equity and really understand how to use an LLC, I recommend you just buy an umbrella insurance policy for $1 million.