I even had a wild hair to make an offer on the marina I was managing at the time.

I wouldn’t be surprised if it’s  a marketing gimmick to get potential borrowers through the door through  weirdly worded non recourse language that is effectively recourse or by offering such terrible leverage borrowers would rather have the recourse and competitive terms. 

I do not want to jump on the single because of the time frame and then the right multi fam come up, but I also do not want to miss my opportunity and be forced to continue renting even if its month to month I'd also like to ask you all for any pointers, suggestions, tips & tricks you might offer someone just getting started and working to grow their portfolio.

Out-of-state markets like Houston, Indianapolis, Cleveland, and Cincinnati offer better cash flow and lower entry costs.

@Vernon Welch II most tenants offering to pay their rent upfront are trying to compensate for negative qualification issues.NEVER override your screening process just because someone offers to pay several months upfront!

When analyzing your offer, make sure to factor in operating expenses, rehab costs, and vacancy rates.

I would go to the big bus tour events in Irvine CA. what was happening was there was a turnkey operator that was allowed to offer their product at the end of the Seminar ..

I'm however a bit skeptical how they can offer 12% so consistent for so many years.

After a few months you will find out who is flipping and rehabbing and you can offer your sweat equity to help them and learn while you are there.

From there, it was suggested to ask what they would rent the property for so you already know upfront before an offer is made on the property.