I applied for an american express lowes card which is 5% off all the time and 10% off during special sales.

I do believe this can be mitigated by having an ownership partner local who is self managing, but relying on a PM has not been successful in my experience.I am still looking at multi family here in San Diego and feel the pain expressed by investors that live in hot markets.

Except as provided for in the preceding 240 sentence, Seller extends and intends no warranty and makes no representation of any type, either express or 241 implied, as to the physical condition or history of the Property.

For those that have expressed interest in finding a meeting to attend, I've been reading other posts and found this information (please see below).

Ok, now that you have taken your initial step, below are some quick links to get engaged.You expressed an interest in multifamily units and as such I added the links belowhttp://www.biggerpockets.com/renewsblog/2014/07/19/how-to-buy-a-duplex/ (guide to buying a duplex)https://www.biggerpockets.com/renewsblog/2015/11/16/how-to-choose-areas-multifamily-deals/ (Choosing multi-family deals) http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/inviteshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REI)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

Ok, now that you have taken your initial step, below are some quick links to get engaged.Since you expressed an interest in multifamily units, I added the below links for you review.https://www.biggerpockets.com/renewsblog/2013/04/09/how-to-buy-a-small-multifamily-property/ (How to buy a smail multifamily property) http://www.biggerpockets.com/renewsblog/2014/07/19/how-to-buy-a-duplex/ (guide to buying a duplex) https://www.biggerpockets.com/renewsblog/2015/11/16/how-to-choose-areas-multifamily-deals/ (Choosing multi-family deals) http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categorieshttps://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REI)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

Also just a quick add on is that attorneys do not do purchase and sale agreements in all states as the norm.With my deals in Georgia I most of the time do the purchase and sale agreements,addendums,etc. between buyer and the seller.Sometimes occasionally the buyer or the seller will send to the their attorney for review and they will give their blessing or tell them one thing they want me to add in etc.So here attorneys are not always involved except that we use closing attorneys here instead of title.It really depends on the complexity of the deal and size.LOI is just expressing interest.I like putting them into a purchase and sale as binding as soon as possible.

I know of several local investors and real estate agents not on BP who have expressed an interest in attending such an event. 

I Googled it and got, "The loan-to-value (LTV) ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased." 

:mrgreen: In order to be as transparent as possible I feel it's important to express my goals for joining this forum.