If you want to acquire more real estate I suggest more savings or sell the other property with equity. 

Learning how to responsibly use debt is one of the best tools any real estate investor has at their disposal.

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

But at a $1.5M asking price, as long as you don't have to spend more than $300k in rehab (without raising rents), this is a slam dunk deal that should easily be financed  at 75% LTV by a "investment real estate-friendly" bank/credit union that is located fairly close to the properties.

If you aren't getting a real deal on it then why would you buy it? 

.- Appliances, same than flooring.Remember that in real estate everything is negotiable, and during the option period you have the unrestricted right to exit the deal.

Definitely focusing on offmarket or even on market multifamily homes (minimum 4 units). started off in real estate development last 2 years but the paydays are brutal building then waiting to sell.So now looking to switch up strategies to purchase cashflowing properties and then get back to ground up construction or even possible fix and flips. 

Great tenant that always pays on time - been there for 5 years Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Really wish we would have learned how to better utilize buying real estate and finance and how life changing it can be.

"Diving into real estate as a newbie—ready to learn, connect, and turn knowledge into deals.