(self management would give me a 909.84CF)Total aquisition costs are ~14,000$ for a COCR o f 45% Cap rate of 8.9Now caveats and reasons I have been apprehensive: it needs a new roof in the next 5 or so years, One of the hot water heaters is extremely old and will have to go soon, and one of the boilers is from 1995 (ready to go).Other than that there are some....dubious rehab decisions from the current owner - boarded up window sections, no dishwashers, etc.

Originally posted by @Nolan O.

I'm looking for local Attorney's currently but I've yet o find one who specializes in Real Estate.

Right now looking at a 2 unit - actual taxes are provided and used in calcs. w/o the 50% rule.  

It takes money to get going.Taking the pre-licensing course, exam fees, license fees, MLS fees, NAR fees (if you choose to join), desk fees (if your agency has them), E&O insurance, CRM monthly fees - and that's just the start.Marketing eats a ton of cash, especially in your first years. 

It was really a blatant act of stupidity.FATCO issued the E&O policy to the title company, but is claiming they won't cover it for a reason I won't get into.  

(leave a j-o-b; own 5 free & clear doors by retirement, etc.)  

I used to own Realty Income Corp (ticker symbol is O) and the stock was able to provide me with a solid stream of monthly dividends and some capital appreciation as well.

Sounds like the seller lied on a disclosure form, which might have nothing to do with the Redfin agent or her e/o insurance would be paying.

They will locate the agents E&O policy and file directly on you behalf...and most likely issuing some citations for not acting in a professional manner.