But I believe that "strong appreciation also comes strong rent growth" and therefore makes the property eventually positively cash flowing.

Ok so,  eventually he will know that I'm leasing it to someone else?

My goal is to buy the property via lease option purchase and then resell it with a lease option purchase and cashflow while waiting for the new buyer to qualify for a loan.My concern is that the monthly payment could eventually exceed my cashflow.My original thought was that I set a fixed monthly rent amount in my lease purchase agreement with the seller, and anything above that is his responsibility.But my concern with that is what if he doesn't continue to pay the mortgage?

Hi Charles, just curious, would your recommendation for an experienced investor of Single Family moving into Multi Family as an eventual Syndicator be to become a Personal Student to start with or a Foundations?

Since it will be my first purchase I would like to start off slow, maybe start with $10,000 to $20,000 down payments for the beginning and then later scale up, and eventually get into commercial real estate multi family properties in the future.

Whatever you offer is cash in his pocket vs losing it to an inevitable tax lien sale = no cash & eventually no where to live.Most of these 'people' are oblivious to any knowledge of financial security so I'd find out what he would take to just walk away flush with cash.

Keep in mind when areas appreciate so does the rent and eventually higher appreciation areas can have very high CF if not the highest compared and even above 2% level is very common for the longer runs.

Looking to eventually get up to 10 doors in the next two years.Also, any advice for that area?

good point. i am going to do my research on the properties the company will send my way. since i'm not from the area eventually i need to trust someone i don't know personally..

Whereas if you ask another company which has fewer properties in that area or zip, you could get a lower rate since they don't have as many eggs in that basket.It does and it doesn't make a lot of sense to me, but I was told this by an insurance agent and eventually got my head around it.