Any input would be appreciated as I'm fairly new to investing in real estate. https://www.biggerpockets.com/calculators/shared/949303/743d0d67-a25d-490c-9a38-e305b19dd740

That is a fairly simple way to go and average a fee of $8,000 of each home assigned. 

@Casey Caton, a fair amount of B & C multi family in the Joplin, MO area about 45 minutes to an hour away.

Well that house 15 years later got to about 1 million so it would have cost me about 50k but not really because rents started to sky rocket as tech came in and a few years later I would have been positive cash flow.. and well you know Palo Alto house is worth north of 3 million today.. to be fair I made a big chunk on my Napa Valley home as well but no where near Palo Alto.. so PRIME AUSTIN is not like buying a negative cash flow hood house.. 

Landlords fair best when they charge for damages as they occur or as they are discovered.

Many of the places we saw were what we associated with typical student rentals - old houses in fair to poor condition, with students sandwiched into small rooms and ancient common areas in serious need of updates.After much searching, we came upon a nice 5 bedroom brick home about the same 10 minute walk from our daughter's main classroom building as her freshman dorm. 

In a business where recommendations and reputation are the source of the next deal it's important to me to be fair out of the gate.

I'm a fairly new member in Minneapolis, MN and looking for opportunities to partner on commercial multi-family apartment buildings. 

As such, you can withdraw principle at any time without it costing you anything.The question you need to ask yourself when choosing traditional versus Roth is fairly simple....do you expect your taxes are higher now or will be higher when you hit retirement age? 

Buy the house at fair market value--listen to the advice from the attorney.