I like this one in that I noticed right away that he did take the effort to break down some of the steps and try to paint a picture for you with the little stories.

Granted, Portland will be cold and wet for 80% of the year and this has a really odd record breaking summer.Well, I must be a softy cause I am ordering a new unit(new coils and 3 TON AC unit) and will try to sell the 1 week old unit for prob 35 cents on the dollar on CL.

I am currently self employed and have always had REI in the background. I believe I've sat on it to long and its time to make some moves. I'm in the Long Island, NY area and looking to get into the buy and hold field ...

Agreed...it was a tough time to break-in.

It sounds like you're eager to get started, I would counsel you to pump the breaks a little bit and spend some time not just attending meetings, but making connections and sitting down with current investors in-person to get their take on things.I would also start studying the MLS or, if you don't have ready access to it, redfin, zillow, and the like to just start getting a sense for what properties are selling for how much in which areas of the Puget Sound region.

I'm a new member interested in breaking into the small, multi-family rental property industry, specifically 2, 3 or 4 units, looking for some education recommendations.

Good morning,  I would recommend breaking out the real cost of the building.

In any case the who is going to be a make or break factor long distance.

Many people on here do owner financing and lease option with no worries of breaking the law.

They're getting closer to break-even, but they're not quite there yet.