Brickell has that same kind of potential, but with even higher rent ceilings thanks to its location.A couple of things to keep in mind as you dive in:Financing: As a first-time buyer, you might qualify for low down payment programs.

A preforeclosure period of 120 days is required before a lender can enter foreclosure for lack of payment. 

Hi Ryan, like @Nathan Gesner mentioned, it's important to be selective when choosing people to partner with. 

@Jonah Gunalda sponsor selection is critical—if you are investing with first-class sponsors you’ll mitigate one of the biggest risks in the syndications space.Start with this book.  

HI Jarreau,I was wondering if you would share the PA you selected.

Mortgage payment of $870 PITI with 20% down at a 7.25% investor rate.

If you want to buy and hold, you will need at least $35K-$40K for the down payment.

Now he tells me that paypal is restricting the amount and frequency of his withdrawals and wants me to wire him my monthly payment.   

The only payment that gets delayed if the property isn't delivered on time is the last payment due on delivery, unless stated otherwise in your contract.

I asked why she didn't mail the payment and she said she did not want to pay the 49 cents for the stamp, had an annual bus pass and riding on the bus gave her time to read books about real estate investing.