Be careful with the free data sites, they really rely on algorithm which can pull some funny numbers. 

I haven’t heard of Capital Fundings, LLC, but I’d be careful and get the terms agreed to in writing.

Of course when you look downtown the home prices get much higher, however, there is a historically redlined area, that is still very close to downtown, and just because it's on the west side of the freeway and houses are less taken care of, you see homes for less.Developers are quickly snatching up properties because of this reason and because recent zoning laws have done away with single family zoning, so I'm feeling a sense of urgency to get into a home in this very specific neighborhood.I'm not a super personable guy and feel strange knocking on doors, so I started digging into delinquent taxes.

Some tips:1.

I want to be very careful to maintain the limited liability an LLC affords.

Be careful about assuming new construction wont have maintenance expenses - they often have break in periods of a few years while things get sorted out.Allow about 1 month per year vacancy and include that in opex.Consider what happens if you do not sell in a year or two, to quote mike tyson: everyone has a plan until they get punched in the mouth.

Don't be a pushover, How to properly vet a tenant, make them pay the house call fees, and do a monthly check and pest control if you manage it yourself to insure the home is being taken care of.

Be very careful about what constitutes the "experience" of "an experienced real estate investor."

It is free money don't waste it and you also need to make sure they have the correct health inspections and fire inspections and their own insurance and it has to say it is good on your property. 

I keep doing the numbers on properties purchase price of 800k-1.1m and monthly profit after management fee, mortgage, etc comes out to be on the lows $500-1000 any tips?