Condos can definitely be a less scary way for a newer investor to get started and grow from there.As Joe mentioned above, you will definitely want to add in the HOA fees and any other special assessments into your cash flow analysis.

Traction is cold hard cash money seasoned in a bank account.Cash Accumulation is the most needed thing for many people.

I'm VERY new to all of this, I don't have much of an idea on what contracts to use, to use or not to use an agent in the process, typical deposit I should put down while finding a buyer, etc.

We are working out how to fairly distribute the cash flow so everyone is compensated.

If you can't find someone like this, the risk is high.

Seeking sharp, Chinese bilingual property manager /real estate agent to help with a cash for keys negotiations with a few tenants. 

Not only are you providing cash to the owner, but you are managing the property and creating residual income.

Many on bp have shared stories of high desert fixers gone sideways  If you can find a licensed gc — in my experience they will charge 10-18% on top of the subs work.  

I been researching hard money lender, but struggling to find one that meet our needs.

Purchase price: $550,000 Cash invested: $150,000 Purchased and completely renovated a 10 unit building in North Carolina.