Hi Im Aldo. I live in Massachusetts and I'm looking to cooperate with other investors for buying a multiunit building. 

Any suggestions on how to cut to the chase with the bank?

Do you have Business License from City of Santa Ana on your rental?

I plan on attending the AZREIA meeting on Monday.  

@Justin Boyd just saw the location on this, I'm somewhat familiar with that market, we do quite a few retail deals in CLE and the surrounding areas, I'd be happy to give you an opinion on the site if its helpful.  

My priority is getting as close to cash flowing as possible with minimum investment on a 4 beds 2 baths but I'm also thinking about appreciation because you never know when you'll have to sell...

My Google research also indicated a lot of overinflated promises on monthly returns from the asset class in general.   

So if I was dealing with a seller who was insisting on handling the transfer this way, I would be wondering what the seller is trying to hide... and I would figure it out.

Double the maintenance and capex on a 40's built home as compared to a 2010 build home and then let me know if it cashflows that much better. 

I had a quick question on prepping for the auction.