A few month later, I sent Kai and email asking "is this a paid program?"

My main thing is in how little people have explained this concept to me.

Hi John,To effectively gather a list of multifamily properties for your marketing mailers, here are some resources and strategies you might find helpful:- Reonomy: This platform allows you to search for multifamily property owners based on various criteria, including location.

@Joel Bayer- I stopped using the BRRRR calculator a while ago because it doesn't handle complicated financing scenarios like this well. 

I was wondering if I could connect with anyone who is in this space.

Purchase price: $219,000 Cash invested: $63,275 Buy and hold single family residence using a 203K loan What made you interested in investing in this type of deal?

Is this being daisy-chained?

This is a risk item.  

Some opt for private lending to avoid this tax and still have investments secured by RE.   

That will put you in a strong position when you start investing in real estate.Using this time to learn and prepare is a smart move.