Painting broad strokes.

Doing some preliminary browsing, there are probably 25 - 50 condos that fit into the broad strokes of your search criteria (under 500k, under 400ish a month HOA).The properties vary wildly though, from 500 to 1000 sq ft (a massive difference especially if you’re planning for a long term roommate).

Sometimes when you try to get too much out of the deal you can destroy the relationship rather than build it.At the price point you are building your real estate business at, and with loans too, you should be stroking the relationship with the realtor so she will think of you the next time a good deal shows up.You will find the same goes through out all the business relationships you will need to develop.Example, I just had 4 trees cut down at one of my properties. 

If you F up, stroke the check and move onOther than that, join a team and learn as much as you can.

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So as long as they don't fall under those broad strokes you can evict them.

I understand that there are many more factors at play here, however, I believe that realistic goals are important and I am looking to validate  this broad stroke aspiration by asking more experienced real estate investors to weight in on this hypothetical.I am deeply appreciative of any feedback you might be willing to share with me.  

Also, as a passive investor, can anyone give me the broad strokes of any tax benefits they may also be entitled to similar to a solely owned piece of real estate or are those deductions pretty much off the table? 

I got back to work, as hard as that was, and my wife had a severe stroke that she is still suffering from today! 

These were the general broad strokes as I understood them.