For example, if I were in your shoes and I wanted to be at $10k/mo, this is what I would be up against:Goal - $10k / month net passive incomeAvailable capital to invest - $20k / yearTarget minimum metrics (arbitrary numbers, you can set more aggressive or more conservative)Cap Rate - 10%Cash on Cash - 20%25% down payment per investment, target house price ~$80,000 (this assumes you need $0 for holding costs, closing costs, repairs, etc. which clearly isn't the case, but to keep the numbers easy)You buy a house in year 1 for $80k with tenants in place and earn 20% cash on cash that first year - $20k * 0.2 = $4,000. 

The best thing to do is to convert the CFD to a note and DOT, then you'll be in a lender's shoes buying the paper.Now, I read it as the buyer under the CFD wanted to sell, in which case you could buy sub-2 but you can not "assume" the obligation of the CFD without the holder's consent.

The long pants will not keep the fleas off of you.You need to duct tape wrap around the shoes and hands before going in the property.Set off a bunch of flea bombs.If the carpet is bad you will need to replace it and the pad because of the eggs that will rehatch.Depends on how old the carpet is.After leaving the house they throw away the suit in the trash before getting in the car to leave.Otherwise they can track back to your house where you live.Ken you can try to make tenants do flea collars and all of that but good luck getting them to comply.People are going to live how they live no matter what you say.This is why it's important to see how they are living where they are currently at.People can look polished in person but there room can look like a hurricane hit it.For these people there work persona and there living at home persona are worlds apart.

first of all.It was tough getting started, it was a shoe string budget to say the least for the first year or two.

Put yourself in his shoes: He is likely to have every motivation to do such.

Because they work a job/career that doesn't pay well and they don't have expendable income to invest.How do you solve that problem and not be stuck in their shoes?  

I feel you man and have been in your shoes. 

They don't mind teaching because they, as we all know, we in our shoes.

I personally would like to find buy and hold properties so i can quit shoeing horses.

I guess I just wanted to get a sense from people that have been in my shoes with no experience and went head on into multi family properties, out of state.