We're looking at:$58k purchase price$20k renovation$100-110 ARV$850/month rent.After monthly expenses that leaves me with roughly $160/month on a $35k investment (850 - 50 for insurance -100 Taxes - 85 for vacancy - utilities.

If this doesn't include debt service and you plan on using financing, I would make sure to look at carrying costs and see if you could sustain a few months of negative cashflow (assuming you have a plan to quickly decrease operating expenses). 

However, Reg D compliance actually protects the issuer as it is a safe harbor, the issuer utilizing a non safe harbor private placement exemption subjects his offering to interpretation by security regulatory agencies.All this is of little concern to the passive participant as long as he obtains full disclosureWhat is of more concern is the licensing, if any, needed to broker, manage, and service notes.Purchase of existing notes, whether residentential or commercial requires no license.

@Marty Hietsch Its north of Boston I'm not sure if that makes a difference, but yes PM me and I'll send you my number@Chris Weaver Its raw land with no utilities or sewage, but theres quite a bit of land so I think multiple houses will likely be built.

Taxes, insurance, vacancy, repairs, CapEx, shared utilities, lawn care, snow removal...At the numbers you provided, you are looking at a potential Cap Rate of 11% (assuming 50% of Gross Scheduled Rent goes towards expenses).

Some of those requirements include identifying the unit or units for which the applicant is being considered and furnishing the prospective tenant with a copy of the rental agreement (including all the addenda) and the rules and regulations.While you might think that a prospective tenant would not take you to court over $100, you should know that he or she would be able to get twice the amount of the loss sustained as a result of a ch.

You can use a utility knife to cut. 

Utilize your VA  loan and purchase a multi-family property (preferably a tri/quad plex, anything more than that and you cannot use your VA loan) Live in the property for  at least 1 year (to satisfy VA requirements), while the other tenets pay your mortgage, but SAVE that money you would be paying towards the mortgage.  2.  

I've read in some forum discussions the downfall of multifamily real estate that lacks utility submeters. 

Each unit has its own electric ht/hw, so tenants pay their own utilities.