@Shay Rosner The best way to learn is to get educated in the industry.

I just spoke to a VA lender today about this.

Rant mode is on- but this should prove entertaining and educational so bear with me.I made the mistake yesterday of using the little "contact agent" form on Zillow. 

The advertisements in question in this investigation include such language as "no children" or "no Section 8," in blatant violation of the law.The settlements, filed today in Suffolk Superior Court, collectively require the property owners and real estate agents to pay the Commonwealth $18,250, ($8,750 of which is suspended pending compliance with the agreements), attend trainings on state and federal fair housing laws, remove lead paint hazards from the rental units, and prohibit the defendants from placing discriminatory advertisements or otherwise discriminating against any person who seeks or applies for housing because they are a member of a protected class.

Its a little dated but the info is still relevant today. 

I am actively researching investing in MF buy and hold syndications and looking for more info to educate myself.I would really like to find resources/lists of potential sponsors, real world examples of previous deals, what actual returns were for LP’s and other various resources for LP’s. 

So i this have plan out as.They are asking $39,000 I would offer $35,000 in cash from a refinance from my current home and $10,000 in  savings for rehab.I have not seen the inside of this house yet , i am having a realtor check it out today, so I will know more this afternoon.Then do a purchases option of $3,000 down and $800 a month for 2 years  and purchase price of $70,000.This is having the the lessee pay for all repairs up to $500. 

I would just add that on top of interest, depreciation and repairs/maintenance there are many other things you can deduct, depending on your situation - things like home office, car/transportation expenses, travel, meals, books/education and many more.

@Alex Arter I’m just starting out as well in educating myself in real estate.

@Aditya MainiI feel in today market most of the best deals come from word of mouth.