I deal with this daily.

She referred me to some very solid people (she was good at picking people), and her pictures showed me things like: rooms that were sized as to be hard to fit normal furniture in (very bad in a rental).

There are no recent sales in area that fits this home.The home is a 4BD/2BTH, 2066sqft, 8100 lot size, with a pool and jacuzzi.

Ideally, I'm shooting for MF properties in the $1-1.5m range.

I know in one of the three states I deal in you have to file paperwork with the SEC before you seek funds.

So, if you have buyers lined, and this fits their criteria, move ahead.As a rental, its a bad deal even at $75K.Here's the breakdownRent $800Expenses 40% of rent (Mike would use 50%)Expenses $320NOI $480Desired profit $100Left for payment $380Max price $57,117 (7%, 30 years)But, if you're wholesaling, it all depends on what your buyers want.

Looks like an ideal place to network about real estate.

I'm sure there are some here that don't like Kiyosaki, but if you start to understand where you fit in the cashflow quadrant, you start to see what it will take to get where you want to go.

Ideal for the buy-and-hold investor.

Now you will have an "order list" and can go out and seek properties that fit their parameters (area, price, type of house, whatever).