The interest rate is 7%, so we suggest this property is for someone who wants to get into Lease Options and meets the other requirements such as adequate reserves and credit.That means, they buy the property, they wind up with $50,000 in equity and they do a Lease Option to a buyer who doesn't currently own a house, but wants to.

We didn’t meet the wife, but we were able to meet the husband during the showing.

Sign up for local news articles, go to events in different areas, attend neighborhood association meetings, and just go out and have fun.

I'd also like to invite you to join THE MTR Connect, a group I host that meets virtually every Friday from noon - 1:30pm EST.

I look forward to meeting new people from different backgrounds.All the best,ThobyDelaLuna

I only know a few local realtors/ property managers I’m going to meet with them this week to ask more questions. 

While they don't offer tenant screening within the platform just yet, they integrate seamlessly with Apartments.com (which you already use!)

Meeting a 20% down payment to avoid PMI seems manageable, although would take a big chunk of my liquid net worth, and I prefer this route over using an FHA loan.

It got me thinking:In your opinion, what are the minimum requirements someone should meet before raising money from investors (beyond family and close friends)?

Overall, your next actional step should be attending local REI meet-ups.