I appreciated her honesty,  but it does concern me.

Were they at all concerned this was your first multi-family?

Overall I want the deal to be fair to both of us as I find most deals go smoother, and with better feelings, when things are fair to all concerned.

I’ve thought about new Milford but also concerned if flood zones and further on coast closing into Rhode Island like new London, new Saybrook, mystic area I see some fairly inexpensive homes however those by water seem more difficult to find.

Cost of living is extremely inexpensive, but I am from LI so anywhere else is less expensive , lol 

@Tom BurnsYeah, that is mostly what I'm concerned about. 

I’m an extremely motivated individual and this is something that I bring to anything that I’m a part of.

As far as he's concerned - according to his attitude - whatever happens, happens.

This location is on the edge of the town, but within reasonable driving distance and has a university bus stop.I do not know why there were $15000 in maintenance last year, but i will find out.I have some major reservations since there are a few uncertainties about this one, but I was hoping to get the opinions of more experienced investors.What concerns should i be aware of?

Obviously, I have concerns about the margin of debt they have, especially since a large portion is unsecured debt.