If he has no or negative equity subject to may be the only way he can sell without having to bring cash to the closing table3.

Lol, the two double aa's are right, but the positive and negative is wrong.

ThanksI agree with this statement as it relates to vanilla real estate investing IE buying rentals or fix and flipping wholesaling etc those are all basic concepts that are not terribly hard to figure out..

It negates moving a financed property into an LLC after the fact. 

I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.

I know this is jx specific, but what are general concepts that are the crux of legal disputes? 

I have also thought about pulling all the cash out of equity in the existing property, but then the new property would be 100% leveraged and more then likely negative cash flow.

As an architect I think it was a blow to our income potential and had some other negative consequences, but as a consumer, it brought fees down and did not really reduce the headcount going into the profession.

If I was to rent it out I would break even or maybe even have a slightly negative monthly cash flow.

If someone comes at us with a stupid offer, it will have a very negative impact on how the seller or listing agent sees you as a viable buyer.