It seems like FHA might be a good route to go if possible or conventional if your credit and down payment.

It seems like a really cool opportunity, so we'd love to participate.

The Killeen market seemed to be topping out in rent growth and price appreciation so decided to cash out and buy an older 6-unit apartments.

I was there last week and see the city seems to be getting aggressive tearing down some of the old houses and getting the lots cleaned up. 

I haven't found any guidance from the IRS that says that Schedule E can or can't be used for rental income from a property you don't own, but the Schedule E instructions and related guidance all seems to be based on the assumption that you own the property. 

that gives you some doors.. but I find a lot of folks if they are used to living in a home with a family etc.. moving into a 4 plex and living with their tenants is a non starter.. although for singles and newly married seems to work OK. 

I recently observed while trying to put in offers to seemingly available properties.

Prices here in Oregon just don’t seem to support real estate investing in my area of Albany, Lebanon, Corvallis.

He seems like a great, trustworthy guy and I even spoke with one of the people he coaches, Peyman Parsi, who seemed very knowledgeable and legit.  

If they don’t seem impossible they’re not big enough.