I’ve been diving into articles online and it seems like a daunting task but worth it.

@Victor Steffen I'm looking for cashflow if possible but I understand that might be a tough task in the market today.  

Their job is to do all of the heavy lifting by souring opportunities, performing due diligence, lining up financing & investors, and executing the business plan from start to finish.

Basically, for the new investors asking how to get started, just be lucky enough to find a landlord who wants to get out and buy those performing properties. 

Don't bank on past performance being an indicator of what will happen down the road.If you can find a place where the numbers make sense and after you buy it and before you move, find a good property manager, then probably.

I think the quality of the engineering is pretty good from the GIG engineers.Summary of cost savings to date (estimated HOA local cost): Task Local Quote Average Actual GIG Costs to date Artwork $2,300 $350 Soils Report $4,000 $950 HOA Bylaws $3,000 $0 Civil Engineering $75,000 $20,000 $84,300 $21,300

Next task after this post, is to document an erosion plan. 

These are complicated flips NOT new investor tasks. 

Reach back to your friend with an alternate purchase plan and you need to come up with various option . eg:- All cash 50/60 k ,since you already planning to putdown 45k find the rest of the money via Private lender or from family & friends and close the deal .If your friend is firm on the price perform 1)principal only payment 2.)Interest [Rate under 4.5%]only payment with Balloon at end of 7th year  .Good luck

I am not sure if a tenant will hand over their financial information to a new landlord; really no good could ever come to the tenant who provided this; unless they were honestly unable to pay rent and begging to break a lease or renegotiate.When we are acquiring a new property we perform a lease audit on the tenants that you are inheriting.