Mine was also out of state, in a town I’d never visited, and I relied heavily on videos from my agent.This sounds like a tough first deal, but it seems like you have some capital on the side, which will be useful as you face the upcoming challenges and learn from those expensive early mistakes.Regarding the subject of this post, “help me adjust my expectations,” I’d recommend assuming that; repairs will cost twice as much as you estimate, maintenance and vacancy rates will likely double from your initial projections, there’s a very real chance you may lose money on this deal.That said, there are ways to mitigate these risks by:- Keep asking questions here on BP and connecting with local experts- Stay proactive and communicative with your agent and property manager.And remember “Inspect what you expect.”Im not trying to discourage you but to help reset your expectations.

And remember, authentic content that reflects your unique perspective and experience will always be more impactful than recycled material.

Remember, this is ONLY if the units arent on their program.So, why wouldn't I put all my units on the program?

And remember the REI Simple Program that you signed up for but didn’t use?

Remember, I sent a signed and amended the agreement on November 28th, sent it to them for signature, received confirmation of their receipt, wired funds, requested multiple times they send me the fully executed agreement, never received a fully executed copy back from them and finally was questioned by them yesterday as to why I altered the agreement (meaning there was no meeting of the minds since it's therefore proven that they didn't even look at it).I have rescinded my offer to enter into a contract with Estate Legal for lead generation services and am now seeking a full refund, including my cost of wiring the funds. 

Two Years from now you can go back and look at the "stupid" questions that you asked and remember that everyone starts somewhere :)

In the end, we are all on the same team here.I don't remember ever giving anyone any advice.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

I remember back when I got my first property, and the itch to expand was real.You asked if it's just a waiting game until there's enough equity.

I remember years ago our attorney reviewing one such issue for a client that was coming over to us.