Being new to this I am estimating based on numbers I'm seeing from the BP calculators and from other posts I see for these kinds of things, trying to account for all eventualities as a "conservative" estimate hoping that I would have  expenses to cover the unexpected.I also appreciate your advice about managers and using a handyman as a proxy, paid hourly.Account Closed - Definitely not an equity play, just trying to understand how to make these numbers and deals make sense.

Kind of the ideal motivated seller that I've been in search of. 

Google them and see what kind of reviews they have.

That's why I think it is a great place for this kind of investment.

I'd love to hear what kinds of things you use your lawyers for and what qualities you look for in a lawyer.

@Adam Adams3 appartment buildings and 6 houses with 40k in hand121k gross income at say 10% annual that's 1,2m worth of real estate That's a 30:1 leverage...or 97% LTVI want the name of your lenderHonestly after the subprime crisis mess, i thought they would ban that kind of excessive leverage but it seems it is back to business as usual

I would like to contact the real estate agents for each property, what kind of questions do you suggest I ask?

Hey @Nhi Nguyen, super kind of you to volunteer to show people the ropes.I'd love to tag along and learn!

You must be some kind of miracle worker...maybe you should go into medicine!

Any kind of investment real estate can be sold and exchanged for any other type if investment real estate.