Hi Alex,Doing deals with none of your own money is not the easiest thing in the world but 100% doable.

@Dana Regan @Darren Eady - Commercial financing on deals like these are very doable.  

I know how figure out what is doable on a piece of property very quickly.

In terms of down payment to make something minimally cash flow you are probably looking at 25-30%+ which may be doable but not for everyone.

I don't know much about zoning laws though, so this may be doable or completely impossible.Looks like you're going to have to just go out and hustle up the extra capital the old fashioned way :)

Yes, $300/month while still pulling out every dollar you put into a house is doable in our market. 

We needed a way to have money coming in each month, and rentals seemed perfect. 10 would provide enough monthly income to meet our budget, 1 per year seemed doable, and Hubby will turn 65 on year 10.We haven't set next year's goals yet, but we do have 4 houses on our "if we can get it at the right price" list. ;-)

The two key issues that I a trying to work through for my first property purchase are:- Determining the most advantageous way to finance my first property;- Locating a property that will be doable in terms of rehabbing and not be an instant money pit, but still be reasonably priced with room for a decent profit.Renee

Is this doable or even legal to speak to tenants about the property?.

Is that doable for your family’s situation?"