If it's greater than 1.25, I might take a closer look based on other info, if it's over 1.5% I definitely dig in deeper.  2% is tough to come by anymore, and usually comes packaged with other headaches. 

The one picture showing the hallway inside the house is where I think the main beam crosses from point to point.My goals are to be able to move in, fix the water issues promptly with a deeper sump pump and french drain system, and then have the main beam and joints repaired.

He does use the 5k number in his examples in the mateial but clearly states you may not be able to purchase for that price.I will add that there is a wealth of information and concepts and ideas Larry shares that have really helped up learn as we delve into the RE investing business.I'll report back how it goes if folks are interested.

Moving forward could dig you in deeper.  

I am looking to find either an experienced Mentor (preferable) or a partner (second priority) to delve into the BRRRR strategy in my local market.

See if the broker can give you some comps in the area, although if you already own nearby, you probably know a lot about the area.Try to dig deeper as to why the seller is selling, it might give you insight as to how flexible they are.

Now...lets dig deeper into this shall we?

That said, it sounds like WREIN  has a strong network once you've had an overview, but I heard that it was over 10k to go deeper. 

Especially if the CPA is experienced with real estate and may have deeper pockets that are there to help if things don't go as well as planned.  

They think it's as cut and dry as buying a property and letting someone stay there for X amount per month.Once you start delving into the nuances, you realize there are a whole bunch of laws you have to follow, a whole lot of ethical guidelines you must acknowledge, and a whole lot of work you have to put in before you can get to that point where you're bringing in the cash.But I also mention that there comes a point where you can only educate yourself but so much before you bog yourself down with facts and knowledge, but nothing to which to apply it.