One I found the 3-flat on the MLS and found out the owner was extremely motivated so I low-balled...and within the hour I was under contract for slightly over what I offered.

I have prepared numerous Schedule E's, Form 1065's, Schedule K-1s and also worked on a couple of 1031 exchanges during my time at the CPA firms.Any advice or resources for getting the ball rolling with real estate investing would be greatly appreciated!

If necessary, I would potentially use any other income sources to speed up, stay on target or address pain points.I'm suggesting a 10 year time frame as a ball park because I will use any additional income to speed this process along.

If the buyer had for instance already done survey, phase one, appraisal,site inspection etc. they could be in for over 10k so the seller might be less likely to budge with credits.When it's just a 1,200  inspection on the commercial side the seller knows the buyer can walk away easier so they generally play ball with some concessions.When you go for a credit or price reduction you need to clearly state the reasons why and be able to back it up.

Here is what it says:"Upon any failure of Resident to occupy the Premises for the full term of a fixed term tenancy, for any reason other than as provided in ORS 90.453(2), 90.472 or 90.475, Owner/Agent may charge Resident either:---A)all of the following: i) all rent, unpaid fees and other non-rent charges accrued prior to the date that Owner/Agent knew or reasonably should have known of the abandonment or relinquishment of the Premises; ii) all damages relating to the condition of the Premises; iii) an early termination fee in an amount not to exceed one and one-half month's stated rent and which is due on the earlier of the date Resident gives notice to vacate or the date the Premises is vacated; iv) interest on the above amounts at the statutory rate from the date each was due, and v) all other amounts due at the times specified in this Rental Agreement; or prospective buyers or B) all actual damages resulting from the early termination, including but not limited to: i) repayment of concessions; all rent through the earlier date the Premises is re-rented and the lease termination date; ii) advertising and administrative costs to re-rent the Premises; iii) concessions given to re-rent the Premises; iv) the difference in rent if a lower rental rate is received from a replacement resident during the remaining term of the original Rental Agreement; v) damages related to the condition of the Premises, and iv) interest on all amounts at the statutory rate.

Some variables I've decided on are that we would prefer buy-and-hold investing, to rent out, and that we will continue working with average combined salaries around 80-90k/year, and am open to beginning with a duplex to get the whole house-hacking ball rolling.

Some variables I've decided on are that we would prefer buy-and-hold investing, to rent out, and that we will continue working with average combined salaries around 80-90k/year, and am open to beginning with a duplex to get the whole house-hacking ball rolling.

Love B/C to have downside protection, but w/value add approach picked up at relatively good values the ball is in the sponsor's court per say and not relying on the market forces as much.

@Satya Nagarajanit is very tough for anyone to give you a ball park estimate without pictures or looking at it.

Just ball parking on the numbers you gave, in which it appears that 11 units are producing the current income.