- Ok well, for no other reason other than you're asking your PM to take a 20% pay-cut right from the onset before you have even evaluated the services provided.

I let them know on the onset that the inspection should be to help them decide if they want to close.

Very rarely did we need to put the "muscle on them". 

Quick math indicates an offer price of $540k is about $100k higher than you should be paying, but please understand all I have to work with is a rent roll.Everything makes sense at the right price, so I'd encourage you to look deeper into this deal to see if A.) the price can be negotiated down and B.) there aren't any major grenades at the onset of purchase.Feel free to send me more detail and I'll happily provide any help I can.

I am currently working on setting up a new business, which I'm doing through an international entrepreneurs group called The Foundation (thefoundation.com).At this point (i.e. early in my learning stage) I'm thinking about buy-and-hold rentals here in The Netherlands and in Colombia (still need to figure out tax-implications here if investing in Colombia though).Looking forward to the learning process, and connecting with [Dutch] Real Estate Investors!

@Minh Le I got my walking boot off Tuesday and am slowly building the muscles on my foot.  

I did 28 sessions of radiation and chemotherapy before surgery in hopes of shrinking the tumor to save my sphincter muscles from the tumor, so after all that and 6 weeks of healing I went to meet the specialist for colorectal surgery, he looked at all the tests and scans that was performed before and after treatments, he gave me two options( option 1 was a permanent colostomy which I said I'm not in favor of, what's option 2 i said?

I feel like I have a good grasp on setting up the different accounts and inputting the expenses.If I'm understanding you correctly you have to manually input the expenses (principle, interest, escrow) every month.

I am looking for advice on setting up a partnership agreement for a real estate venture with the main goal of building a portfolio of buy and hold single family homes (and eventually small apartments).

I even plan on setting up an information booth at the next neighborhood event.