I am at a turning-point in my life where i'm still living at home so my expenses are minimal, my credit score is at 800+, my salary is in the 105-110k range (still work at my day job), and I have an extremely low debt to income ratio.

This was unique situation but...If you were my friend I probably wouldn't have let you do it like this IDK really...unless I was there;) I am simply sharing my story real quick, which was a valuable lesson to me. 

With most BRRRR's ranging from $500-$2000/year cash flow you're going to be in the hole if your tenant moves out in years 1-3.

I have one potential tenant who wants 3 out of the 4 offices and a few other possibilities lined up who might be interested in the 4th.Here are some factors to the decision:My ultimate goal is to buy and hold properties for a long period of time so that once they are paid off, this will be my retirement income (I'm currently 35).While I have a positive cashflow on my first property, I don't have a lot saved up at this point that I could put towards a downpayment for the second property.I talked to a banker who, based on my current finances, would finance 100% of the property, 5 or 10 year loan, 4.5%, amortized either 20 or 25 years.So...from my perspective that looks like $0 down other than closing costs, and tenants lined up who are interested in the office.One problem is that given the asking price, and what the monthly mortgage + operating costs would be, the rents for the 4 offices would be 20-25% higher than the market rate.The potential tenant who is interested in the 3 offices is willing to pay that because there are some unique characteristics that they are specifically looking for that would be hard to find somewhere else.Let's say that tenant is willing to sign a 5 year lease initially.

The good news is that $30k is a range you can toss on a credit card, or a HELOC on your primary residence. 

Hi guys,I’m looking for a condo under $50K in Houston, TX preferably with owner financing and I have 10% down at $5K My situation is unique. 

I used to be a credit manager and go around the country picking them up from major customers.Here is a sample of what one looks like: Personal guarantyIt ranges from a limited and conditional to unlimited and unconditional. 

If similar sales in the area ranged from $15,000 to $30,000 per unit then you know your on the right track.

Our price range is $150k/ property.

Property I am looking at is 2 bedroom: prices range from $380-440K with parking (800-930sq.ft.) ($380K for the 800sq. ft. 440K for the 930 sq ft.)Rents in the area are for $1500-1600 for similar luxury condo at today's price.