You can likely visit the property before agreeing on a price with the seller, but it is extremely unlikely that you will be able to schedule an inspection before having a signed agreement with the seller.Good luck!

Also, be careful reviewing the loan/mortgage you will be taking out on the property to verify that the LLC will own the property or, if transferred to the LLC after closing, that the transfer does not trigger the "due on sale" clause of the loan.

This is extremely beneficial if you are a new investor.

I personally would not recommend a 32 unit as your first unless you have spent years learning the industry and are just finally pulling the trigger.  

We are in atlanta and anywhere that a young professional can afford alone is extremely speculative and more than our risk appetites are hungry for. 

A great local agent and fellow investor who also helped me a lot is  @Paul Leason.There were also a handful of other Grand Rapids investors from BP who were extremely helpful with tips and advice.

Congrats you are helping my make a stronger push to pull the trigger for the first time myself!!!

@Veronica Boyd, I'm extremely new to the industry, so I've been looking for the same thing.

It may be extremely difficult to collect from them if they end up owing you money.

Hi guys  - can you analyse this scenario for me - thanks for your extremely helpful inputs!