@Will Barnard You make a valid point about "transparency" and I hadn't really thought about it from that perspective.

You don't want to begin your relationship with your tenants on the wrong foot, nor be tasked with finding replacement tenants right out the gate.From my perspective, as an investor in SF where cashflow is even weaker, your numbers look ok, IF: 1- this is a decent area with solid tenants that are responsible and easy to manage and 2- if it's realistic to expect good appreciation for your bldg.

I like @Jerome Harrod II 's idea about thinking from the seller perspective of "whats in it for me?"

It is helpful to gain the perspective of folks who have been successful in the business.

But by the letter of the law you are not allowed to take ANY money from a perspective tenant, even the exact cost of running reports.MA Law says the only things that can be collected are first months rent, last months rent, a security deposit and a lock/key fee.

@Curt Smith Great perspective!

Good Evening, Names George Pemberton, Im freshly 24, from maryland and have been researching real estate investments for the past 4 years.

I can only speak on mentoring from my perspective as a mentor in my first career field of music and education.Mentoring others is fun.

For a slightly different perspective...this remarkable young woman just earned roughly her entire year's salary, in her first deal.Strong work!!!!

He came on here is an investor looking to make money in the so I answered him from that perspective.