There are plenty of low-down payment products out there that could get you in a triplex for very little out of pocket.If you do partner, to keep things clean, you should pay market rent and then all the partners split whatever cash flow is generated.What part of Roanoke is this in?

I'm pretty sure that the best bang for your buck product around.

Know the over all numbers for that market (i.e. demand, what homes values are, rental values for 1,2,3,4 bedrooms), what pockets are good, what pockets are average, what are great pockets. 3. have a good lender and know your options for lending products ** The more you know- the faster you will be able to assess a property, and the faster you can snatch it up. 

I'd like to flip houses because one of my creative outlets is in music production, and just like home restoration, it gives me the ability to create something out of what appears to not have value, and by doing so providing a service to others.

@Andy MirzaI just closed a fund and have had several investors bail because they either needed funds elsewhere or were scared.I think people are panicking and do not realize note investors do not wish for a bad economy but their product is produced from it and in bad times it produces the potential for greater opportunity.Cuyahoga county put a 60 day stay on all foreclosure and eviction cases and my guess is the rest of Ohio will as well

I am also prescreening people on the phone much more closely, to make sure that individual showings are productive.

If anything, a recession will push more loans into default and make more product available.

But as noted by several others there are much better products out there.

hmmm... had I submitted that offer I could have been in big trouble for misrepresentation.This is not the first case I’ve had, just the most glaring...PS oh, and having the letter also indicates what kinda of loan product you are using and if any concessions are planned.

The lesson in all of this - "the customer is always right, unless it is productive for them to be wrong".Obviously tenants aren't customers, and they don't leave reviews that can kill your future business.