It was a personal referral, received a credit at closing for renovations as well How did you finance this deal?

I would be interested to hear others' experience as well.

Yea they would keep that in place and you'd get a second position mortgage for the rest at, well, higher than todays rates.

If you are getting feedback from this group of posters, many of which are legendary by BP standards and known for their knowledge and willingness to share it. 

@Jasmine Vida  Some groups have a lot of spam, but I've also found groups that are legit investors and also hold meet ups so its good for networking as well :)Send me some those Facebook groups that you found I would definitely like to join them! 

Follow up outside the activities to ask for business and see how you can serve them as well in their business.Best wishes and good luck.

It isn't a big job but I don't want things to go south so I stay in it.Of course I practically live on this forum so I pass along any pertinent info I find as well as answer questions.

As far as meetups go, you can find a lot of local events posted here on BiggerPockets: https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a list of Chicago meetups that I can share with you as well.

-Management is low - you'll need at least 10% plus leasing costs - typically a month's rent for each lease-up, and sometimes a renewal fee as well-Insurance seems low-Are taxes accurate? 

Now I’m looking into the Detroit and Ohio areas (Toledo, Cincinnati, Cleveland, Columbus) since they seem to have growing populations and affordable properties under $200k as well.