Furthermore, I had the right to purchase for cash or subject to their mortgage balance plus some cash for the remainder of purchase price at the time of closing. 

It might sound like it will cashflow but in reality it might nothaving a PM will be about 8-10% of the rent + landlord insurance + $60K down + 2-4% for closing costsI am on board with appreciation and buying now and waiting instead of waiting to buy but I would just be extra conservative when number crunching

My very first real estateinvestment was a note & mortgage creation with a sale of thatnote/mortgage at closing.

Population looks stable, crime rate is good, it had colleges and some tourism, close to major cities.  

We were able to do a low down payment loan with closing cost assistance.

New construction that I will be able to close within 180 days.

You should know the contracts and the closing process, construction costs and all the potential money-pit issues to look out for with properties, so that you feel comfortable with your EM going hard without a proper inspection, etc.

Here is the project: https://e11evenresidences.comLooking to purchase a unit for $670,000Sleeps 4 with approx. 614SF and one of the few units with outdoor terrace and cooking areaFrom developer:PAYMENT STRUCTURE 10% @ contract signing 10% in 6 months from contracts 10% @ Groundbreaking - Summer 202410% @ anniversary of Groundbreaking 60% @ closing 2/3 Q 2027Let me know your thoughts here!

I am currently under contract for a very unique off market property that is waterfront (Manatee river, Bradenton, FL) and very close to the seawall(1958) & rip rap(2016).

If I buy house for investment i run the numbers and everything look good but and its a big but... the house on flood zone from 1-10 he at 9 now let me make it clear its not a lake or something close to it city close to downtown chiago not lake around it very metropolitan area.. but flood zone 9 so i know its can be a big factor when i want to riff after i finish my renove there and want to take my money back 75% i know also the insurance van be factor with the price i can pay every month.. so if some have idea or experience with this subject the house located  oak park Illinois..