On an 8 plex, there isn't much meat on the bones for the amount of work needed for Management, but when you factor in an additional 24 units, that starts to benefit the PM, so there is more room to negotiate.Initially, the cost of PM outweighs your returns. 

As @Robin Simon noted this deal is going to be too small for most DSCR lenders as their min loan size on these are $250,000-$500,000If the property is not rural and you need to do a DSCR based loan, I have an option with a minimum loan amount of $100k however the rate will be in the double digits. 

You probably don't need a partner on your first buy if you play your cards right. 

We essentially are stuck with an overpriced, though performing property that we would need to keep refinancing every 5 years until we can get it off our plate.

Much of what agents do is hold deals together.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

If you need some help getting started or managing, let me know.

Lead Safe certificates have a lower standard and the tests are cheaper, however the certificate and registration needs to be renewed regularly.

PassivePockets is for those interested in truly passive real estate investing through syndication, so I needed to begin to educate myself more on this real estate investing road that I hadn't yet considered for myself.

Multi-family properties are a much stronger investment in Tampa compared to condos, especially because of the headaches with condo HOA fees—out of the 3,500 transactions I’ve done over the past 20 years, the only long-term losses I’ve had were with condos.