I'm considering making an offer on a property that is listed as a 2 bedroom 1.5 bath as a long term buy and hold property to add to my portfolio. 

I was a student they offered to sponsor a deal for and it has cost me everything, literally. 

Real estate offers many benefits, and with the right tools and mentorship, I believe you and your son can build a successful portfolio! 

Some parts offer higher cash flow, while others focus more on appreciation.Connecting with a solid local team will be a game changer.

You'll typically need to set up your account and get familiar with the process of working with the local housing authority.

Example: $500k home sales price, typical buyer agent commission of 2.5%, meaning buyer agent commission is $12,500.

TIC offers lower entry costs and flexibility but comes with shared risks and complexities.

there is no bank, no mortgage, and therefore no due on sale clause.if there is a mortgage in place, and you take the payments over, this is typically referred to as subject-to or sub2 and is much higher risk for everyone involved.

Typically someone who was communicative turns distant, unresponsive, blows you off when you're trying to talk to them in person, and the tall tale sign of boxes in the hallway.

That sort of thing is typically negotiable.