Staying active on these forums and listening to podcasts can help you as well :)

I am looking to get a quote this weekend on the work.

I don't want to build a team of investors yet but just myself and friend of mine decide to be active investors is there a need to have an attorney close the deal?

I am currently working a full time job Mon-Fri so i will be investing after work and weekends so basically part time (until i have a big enough cushion to transfer over and do investing on a full-time basis).

Not sure of condition or current tenants, but is it crazy to actively pursue this one for a first property?  

*Note: this post is intended for investors who actively DO NOT automatically file a 1040 every year, unless they've incurred a tax liability.I'm wondering what difficulties investors who understand (have read the pertinent details of the tax code) have faced when engaging in investment opportunities that normally require an investor to furnish tax returns, and what solutions have they come up with.From my experience in banking, I understand that institutional lenders normally require a borrower to furnish yearly personal financial statements and tax returns.

I would start there or check loopnet and see which brokers are really active, especially in the 20 unit range you're in and call them for a referral.

Is it for a down payment or to facilitate other investing activities?

I am actively looking and in contact with a couple different sellers.

The letter should introduce yourself as an investor, saying that you are currently actively buying in the area and that you thought their building can be a good fit to your portfolio provided it meets your criteria.