I saw an offer like this one recently with a Navy Federal bank statement that "had $700K" in the bank and it seemed legit.. but the LLC wasn't active with the state and they had assignment of contract language all over it.

I’m excited to be part of the community and looking forward to learning and growing with everyone.

I am far from an expert in this field as I have been learning alot myself but cap rate does play a role in your type of business.

Learn as much as you can for free first before dropping thousands on courses or mentors. 

I’m particularly interested in learning about areas within the city that hold promise for such investments.

Many investors start here to learn the ropes.Multi-Family Pros: Better cash flow potential and scalability.

@Sam AlphaDo set goals, keep learning, network, etc. but get started if you haven't already. 

I want to learn how to do this the right way, without coming across as overly focused on profits.If you have any tips or experiences to share, I’d be incredibly grateful.

This was my first property, and while it's been a great learning experience, I made several mistakes along the way—ranging from choosing a realtor who was more focused on closing the deal than finding the right house to having a poor inspection and overlooking issues hidden beneath the surface (literally).

In the beginning, it's all about buying more deals with not much capital and frankly, maybe that's not the worst thing, because you learn a lot.