Either way this deal will not happen unless title is clear with title insurance with an updated survey, so I agree with you there.I was able to talk the seller down from $510k to that $485k number but the more I look at everything and bounce ideas off of other investors, the more it seems that that $485k needs to come down even more to make sense of the deal.Thank you for your response!

I don't know how fast the economy will bounce back but tenants know they'll have to get paid up soon so I doubt very many will decide to quit paying now if they can pay or get someone else to pay.

I never want to encourage someone to bounce from a turnkey too soon, but it sounds like in your case there may be some stuff going on.

This is a tough market right now. my price range is capped at 100k and its tough trying to go find BRRRS here in lancaster and york.Maybe we can all bounce ideas off of each other?

Okay so I'm looking for some friends to bounce ideas off of and learn with.

@Aoun Rizvi Your first deal is always scary, it helps to have someone that is not emotionally invested to bounce ideas and numbers off of.

If you are bouncing from one task to another you can never master a single one.

Let me know if you ever want to connect or bounce ideas off one another !

In fact I heard a BP podcast bouncing this idea around, if I can think of the episode # I will share it with you! 

These steps create the foundation for them and when they have finished them - at that point - choosing their property is almost instantaneous and, if I've done my job properly in helping them, they are not scared or nervous any more they are hungry; they have taken the time to firstly understand what their own questions are and research the answers within an accountable time-frame ( so they don't disappear in the vortex of investor-paralysis) - bounce them off a knowledgeable professional in the field and answer questions that I ask that they hadn't thought to plan for and we build a template of their own portfolio to accurately and quickly measure properties and financing products against that is tailored to their own risk tolerance and life situations.