congratulations Heidi, conduct all the right inspections, secure financing, finalize the terms of the agreement, prepare for closing... and you should be on your way.

Thanks for sharing your thoughts!

Any tips, advice, thoughts appreciated!

Whether you're a seasoned investor, a curious learner, or a multi-family development expert, I'm excited to engage in thoughtful discussions and expand my understanding of this dynamic field.I look forward to contributing to and growing with this community.

We are awaiting his thoughts on the matter to see if we even have a shot or if we will be wasting our time and just settle.

I'm not super familiar with syndicates and I was hoping you could all share your thoughts and experiences. 

I am seeking suggestions on how to prepare for retirement effectively.

I'd also get security in place (with cameras that record and upload to the cloud) so that you know if he's broken into the property and if he has, be prepared to press charges.

see this thoughtful thread.https://www.biggerpockets.com/forums/48/topics/1159104-overl...

I'm using an FHA because it's an assumption loan and I'm getting a very favorable rate so I thought this would be better than using a conventional loan which at the current rate environment would be more than double the rate on the assumption.