However, I do not believe that many of these folks pitching their program have the purchaser's best interest at hear.I am sure you are familiar with a book known as "Rich Dad Poor Dad" by Robert Kiosaki, It was such an inspiration to read, I figured I would attend an seminar hosted by them....Long story short, they had the most slick sales guy I have ever met pitching their product, They wanted some where in the ball park of $12 grand to $25 grand for their support and education.ermmm no go.I highly believe that if you are an assistant to someone who is successful and you model their success it will be 10 fold more beneficial for you to learn hands on, rather than from some grease ball who takes folks retirement money for teaching them basics about a business model that (possibly) worked in some other part of the country.There are a lot of folks out there who are hungry for how to make it, and there are equally enough people claiming to have the secret sauce for sale for just that.Be careful with you hard earned dollars, and GOOD LUCK!!!!

I raise the rent on the tenants at renewal if the market supports the need.

On a side note, the @ function doesn't seem to be supported by my browser.Austin – My intention would be to manage myself.

Thanks for helping to make BP such an amazing source of information and support.

And they are by and large A class properties that sell for 4 to 5 caps and in Beaverton these apartments support Nike and Intel along with Genentech Fujitsu and many other high tech companies they call it the silicon forest so our multi here is nothing like you see in Memphis..

Financing is a subject I find particularly daunting,  though my day job is in accounting support.

I want to know the answers to several questions before I support a any Buyer's offer.  

So I am curious to know how many other investors have come across a touch situation where they were not able to refinance or take out line of credit on rental property because they had to wait for 12 months even though market value of the property would easily support 75% LTV after some cash-out?

However, I can't currently qualify for a conventional VA loan not due to credit (750), but a fair amount of debt ($20,000) and very high child support as the only working parent.It is my understanding that residential properties (even fourplex units) cannot use current tenants' income to qualify for a loan (please correct me if I am wrong.)

It is awesome to see such support from the community.My long term goals are to retire early, sometime in my mid 40’s.I doubt I will every really retire though.Dave(edit) My farm area for now is just going to be the Springfield Illinois area.