@John PrincinskyIf you don’t have money to front for a down payment/out-right purchase, then purchasing with a partner is probably your best option IMO.

Good feedback from John, but just want to clarify that management fees here run closer to 20% :)

Originally posted by @John Teachout:The violations would be sent out by the city/county.

@John Teachout in regards to appraisal amounts and inspection failures, could it be viewed that the seller isn't being transparent about the condition of the property?  

@Bret Habura - It'd definitely listen to what @Sarita Scherpereel and @John Warren said above, they are spot on.Taxes suck but if you underwrite your deals properly then you are covered. 

@John Jones I can speak to OKC, but is that too far out? 

I’m John and I’m new to real estate investing.

I'm not saying Reed has the final word, but you would be wise to look at and consider his word in light of what you've read in Kyosaki's material, then judge for yourself.https://johntreed.com/blogs/john-t-reed-s-real-estate-investment-blog/61651011-john-t-reeds-analysis-of-robert-t-kiyosakis-book-rich-dad-poor-dad-part-1So....now you probably think I don't know what I'm talking about, and that's fine if you do. 

Originally posted by @John Hilyard:Whats a good rate I should expect from a bank on a 15yr loan for a residential loan through my LLC? 

Hey @John Walter.