When I transition a warehouse/NNN property, I spend maybe 5-10 hours a week for 2 months.  

Purchase price: $850,000 Cash invested: $140,000 Sale price: $1,476,500 Source: Cold Call12 unit multi familyPurchase: $850kLoan 1$250k 1st position loan (down payment to seller)2 yr balloon,12% interest onlyLoan 2$600k 2nd position seller finance3yr balloon, 0% interest, 30 yr am, 8 month deferred paymentsThree 4 unit buildings.

I have slowly worked on improving management to increase cash flow from $0 to ~$800/month currently.

Will be closing on one the end of this month.

Cash Flow is $280 monthly Lessons learned?

We have done this for years and just this past few months I got some complaints.

I have slowly worked on improving management to increase cash flow from $0 to ~$800/month currently.

I'm still fairly new only about a month into it, but so far it all seems like a pretty legit operation.

If I buy a nicer house, I would have to finance but could rehab for under 10k and have it rent ready in a couple months.

Also, you can get referral credits that can make the premium free for months!