Feel free to PM and we can dig in a little deeper.

@Lee Reeves - Having dug a little bit deeper, I think you are correct that the expenses seem low, and if a correct, higher number gets factored into the math that @Troy Fisher provided, that drags the NOI even lower, however Troy also raised an excellent point about rent discrepancy...why is one four-plex making so much more than the other?

And thanks @J Martin for the primer on some of the site functions.Looking forward to delving a bit deeper into the site - thus far I have really only checked out the forums and beginners guide.

I'm intriqued and want to now dig deeper.  

His program is about empowerment and making money.Of course, investing money was a topic of conversation but also, the value of an education and how to use it to your advantage as opposed to someone else’s.Additionally, what inspired me to go deeper into his training was the structure and format of creating and operating a successful real estate business and the support systems he has in place to encourage your success.

I know there are taxes, but in looking for a deeper explanation.

Jeff your correct but like you said we only need a few properties to be ok.The thing is news like this can be used as a negotiating tool with potential sellers, most people will read this article and not delve as deeply into it as you did.I mean think about it warren buffet doesn't buy when the market is hot he buys when blood's in the streets or so everyone is told to believe.A board like this were we can trade information about asset classes that are strong and will remain strong can be a great wealth builder and i'm in this game to win.Also you make the point that if something meets your criteria and you didn't bend over backwards to make it fit will still be a deal.I think there are very good information on this board about how to get a properties true value and work off those numbers so i doubt anyone on this board should get burned if they ask questions and don't go against their better judgement.

It's difficult to give an accurate answer without diving much deeper into your personal financial situation Steven J. and finding out more about the specific lender you have in mind. 

I apologize if that sounds a bit naive, but if you have any links with information regarding this I would love to dig deeper. 

I'm sure you've heard this questions many times before, but I am 26 years old and I am looking to delve into the exciting world of real estate investing.