The best way to explaining this is for you to download an IRR calculator spreadsheet or build your own simple one and play around with one.For what its worth most deals I deem meeting minimal IRR standards is 13-15% but you have to dig a little deeper to uncover the real placements of cashflows and capitalization events... and then dig even deeper to verify the assumptions such as occupancy, rent increases per year, and what reversion cap rate was used.Again I don't look for IRR cause its manipulated a lot instead I look at total return on a 5 year basis.

Regular 1-1.5hr long phone conference meetings with two specialists that were assigned to us (and we still keep in touch with as questions arise to this day).

@Angel Ramosdon't 'look for' a mentorjust go to REIA meetings - network, make friendsgood luck

Add to this a Federal Reserve meeting in a few weeks, where the Fed may lower rates (they won’t), and folks are still seeing the proverbial starter waive the yellow caution flag.

So glad to "meet" you here.

@Jordan Lisnowi think you should get a few deals under your belt first.are you going to all the REIA meetings within a 2 hour radius and talking to all the other investors? 

I want to WV investors with meet ups, and meetings, we already built a facebook group.  

Most the deals I analyze don't meet my buy criteria, so I just move on and wait for something else, so if you're getting discouraged at first just keep in mind that it can take some time to find the right deal. 

So before I paid them I asked them if I wanted to come to meet in their location and they said we were on a cruise but they could do everything online.

Bumping this thread.Who should I be meeting in Columbia, South Carolina?