Investment Info:Single-family residence buy & hold investment.

There is no Passive investing.  

Now, that meetup is in South County, on the MO side, but brings in folks from Belleville, Fairview, Collinsville, Cahokia, and all over the St Louis area.Now, there is a monthly GRID meetup in Edwardsville that brings in folks from the metro-east, as well.Generally, going to any real estate meetups in the St Louis area will find you someone who also invests in Belleville.I also invest in Cahokia, John.

I recently came across a property on Gatsby Investments and I'm wondering if anyone has had a bad experience investing with them and if it is reputable company. 

People are going to expect a return in thier investment.

Umbrella insurance is usually a very large policy of $1 million or more, extending your coverage for larger situations.

I would WANT to borrow as much as the property would support, to better position myself for my next deal - I am working toward a $3 million portfolio. 

It can be a nightmare investing out of state without the right boots on the ground.

Investment Info:Single-family residence buy & hold investment.

From a financial perspective, the numbers look attractive—many of these properties show a Cap Rate of 6%–8% or more, which is quite decent.For example, if a Dollar Store property is listed at $1.2 million with an average Net Operating Income (NOI) of $90,000 per year, financing 50% with a 6.5% APR, loan would still result in positive cash flow from day one.