I'm still using it, improving it, and adding to it as I come up with needs and wants for it "to do" through my use of it.The design of it is very specific to how I analyze and invest, applied to specific ways to use money (strategies) that I developed into a system and/or a series/combination of systems around my basic system of REI. 

I underwrite to 15% combined.

That's a 2%+ deal, which are very, very rare in today's market.

I'd probably use 20% combined considering the low rents and probable tenant class.What about water/sewer, snow removal, lawn care, and admin/professional fees?

@Andrew Carlson I think you are combining two separate things: 1. tax advantaged retirement accounts and 2. investing in publicly traded securities (stocks, bonds, mutual funds, ETFs, etc). 

I underwrite to 15% combined.

They all cost some combination of time, money, and personal effort. 

You can probably pull back the repairs and CapEx to 15% combined, @James Bennett.

You not only need to be trustworthy and have a solid reputation but you need to show competeance in your field.That being said you can meet lenders and investors at REI meetups and groups, auctions, talking to realtors, title companies, property management combines, craigslist calling for rent adds, other investors, search real estate transactions in your area and look for multiple cash closings by one individual, entity or address of either. 

The friend rarely uses the property and came to my parents wanting them to sell the property with him, while the market is high.