Two of the units have their own meter.

@Nadir M. In

Same thing I put two of my buddies together so we each has about 12k in cash into it and we each got what 700k back.. we had basically zero basis so we each 1031 into some other assets.

you can buy two rental for about 100k each with abotu 1200- 1400 im rent, Refi cash out, do again, 

I had a used washer for a family of 5 that lasted 7 months, a used one for two people going on 3+ years, and this one purchased new 2 years and 2 months ago apparently dying with 9 residents.

The two of you can probably work together on forming the partnership if he's as legit as you make him sound he'll be fair.

I welcome any advice or insights you can offer to refine my investment strategy.Exploring Future Opportunities:- Assuming I successfully acquire two properties, would I be eligible to obtain loans against these properties to further invest in real estate?

Hey Wilson, i’m working with two sellers ant the moment and none of them brought up the settlement.

There are two schools of thought.1) Least money down/more money in the bank: If you are not worried about monthly payment, least money down is a big hit.

@Nate Sanow I looked at a deals for a guy last week and he was reflecting cash flow of $208.75 in month two of having a tenant.