I’d love to connect & discuss my goals further, especially since you specialize in long-term, turn-key properties, which are exactly what I will be focusing on as an investor.I’ll definitely check out the podcast you shared to learn more about turn-key investments.

Like @Ernesto Hernandez, I recently joined M1 and would be happy to jump on a call with anyone who is curious to discuss further.

I think it’s just a seasonal/holiday slump but it’s a good time to be a buyer!

Quote from @Ritesh Keskar: Just found this old discussion thread.

Looking to discuss with lenders on financial options.Please DM methankskaushik Sarkar

Hi James,I personally don't have enough experience to answer your question, but there is some helpful stuff in a similar discussion here: http://www.biggerpockets.com/forums/52/topics/1779...You will find related discussions to any forum discussion you are reading at the bottom of each forum discussion page, and they can often help you find posts that answer your question.  

I am not sure how much you get involved but do your employees contact the realtor and discuss market rents, do the math to check leases versus market rents and which lenders use the "lesser of the two".Closing in an LLC versus personal name can also add a rate hit as well as Escrow or No escrow.

Your goal is to build a passive real estate portfolio (we can discuss what passive means to you), so while I don't condone throwing $100k into a deal without even a basic understanding, alternatively doing so will teach you far more lessons than reading a book will.  

As discussed the property at the time of closing was occupied.

First - Have a discussion if the rental loss will immediately help your tax situation.