Right now you may see them as less than suitable for partnering with, Maybe rethinking your own position about making money with them might produce a profit.

I'm looking to purchase my first rental property and have been searching for a deal that would generate positive cash flow based on my projections.

Quote from @Levi Flowers: Quote from @Edward Caballero: Its crazy to see all the negative reception that NWAC is receiving when I've had nothing but a positive experience?

Yes you are in a GREAT position to buy property but still need to keep improving your RICE.  

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

Real estate investmnets are capital intensive and if you don't have extra money sitting around to make the emergency repair when it happens you'll find yourself in a terrible position. 

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I just don't want to sit with an elderly person or their kids and explain my position in that deal. 

But if you lay out your plan to the owner over the phone, it's very hard to get a "yes" because trust is developed with a face to face meeting.Trust can be established by talking about your past record (as an investor) but also if you have something positive about yourself (profession - real estate agent, nurse, teacher, fireman, doctor - any profession that can give you some added credentials).#4 Owner vs.

I appreciate the positive perspective of this