What we do is DIY low-income landlording in SFR and small multifamily.

@Chetan ChhedaBut once again, Chetan, I'm just a low-income housing landlord.

but lets bring some humanity into the equation here.. any one that would even think or want to sue.. well that to me is about as well i wont say but you know my thoughts.. pretty low brow.

Hey guys, I've been getting educated about purchasing apartments for several months now and I while I recognize I'm at a point where I have a lot to learn and I don't know what I don't know I believe I found an opportunity worth pursuing and I don't want to miss out because of fear/inexperience.Here's building- It's a 51 unit in a rural area (45 min drive from Philly/Conshohocken) with low crime/unemployment.

I already know the yield is too low based on the MLS price, but it has been sitting. . .

I have built the majority of my small portfolio by house hacking for the last five years, and one result of that is that I am now spooked by anything other than the low interest, 30-year fixed rate terms I've grown accustomed to.

I've listened to the majority of the BP podcasts, read tons of articles, analyzed probably 20 deals just from MLS using the calculators and this week I threw out my first low ball offer.

Winter is a low season unless you are in Lake Tahoe or ski area.Joe

I've learned more particularly through listening to the podcasts than what an operational system could do for me.I also joined a local real estate investment club (Inland Empire Real Estate Investment Club - Riverside, CA) and they just want to help other to success in their real estate investing endeavors, by asking for advice on whatever deal someone is working on.Your best source of help is going to be through joining a local REIA, listening to podcasts and reading books.Have you read @Brandon Turner's book The Book on Investing in Real Estate with No (and Low) Money Down?

Asking price is $57k but I think I can get down to low $50s.