Please, no solicitations.Use the renovation/acquisition loan products that require 10% down on the purchase and you should be able to get a few going at a time.

Best toilets I've purchased. 

Purchased in 2015 for $57k seller financed.

Has anyone made a purchase on MKE yet since this chat or purchased through ACE?

We found an opportunity to purchase a huge SFR with two kitchens located next to a commercial zone which was previously used as a sober living facility.

Double close: You do actually purchase a property and then sell it the same day to another buyer.

You get a Capitalization Rate (CAP Rate), which equals your annualized return by dividing the Net Operating Income (you had gross in your narrative) by the purchase price.

I'm looking for advice on whether I should purchase my father-in-law's 6 unit apartment in Burien, WA (10 minutes south of Seattle) as my first deal, or perhaps help find him a seller that would pay more than I could and is a couple years ahead of me in REI. 

I'm curious with you and your wife, how did you decide it was worth it to put the 50% down and purchase?

Did I just not do the math right on my purchase?