However if you have tough skin and can handle C- to D tenants and neighborhoods you can definitely make a killing if you buy right.

Also have you considered partnering with someone who is already experienced and has skin in the game?

I have pretty thick skin so don't be afraid to speak your mind.Thanks a ton in advance, I'm super excited to be apart of the BP community.

- Or do you pool funds from multiple properties and manage roughly what should be there with a spreadsheet or something similar?

My $599,000 listing price isn't outrageous for the area just want it to sell quickly. 4) Multiple houses are for sale in the neighborhood.

The way I see it is that MIRR accounts for IRR's two short-comings: 1) potentially having multiple solutions when the cash flow from the investment goes from positive to negative and vice-versa, and 2) assuming that you can reinvest your positive cash flow from the investment at the same rate of return you expect your investment to make (the IRR).

Go interview with multiple brokerages in your area and ask if they expect you to attend meetings and such. 

i always focused on multiple income properties like Block of flats / MFR , Home and incomes etc. these are much better to support the loan payment then single houses. 

Even when you offer more earnest money and less days for closing, if the deal is good and there are multiple cash offers the seller will likely take the other offers more serious. 

Our long term goal is to acquire multiple multi-family properties over the next 5-10 years, and to eventually trade up for an apartment complex.