As I have already began taking consistent daily action, I am confident that through implementing these steps I will soon have the knowledge, support channel and resources to acquire my first deal, becoming closer to achieving both my short and long term goals. 

That being said, closing costs normally consist of the banks origination fee, taxes, appraisal fee, RE agents fees, title company fees, etc. 

In an effort to provide some information for long term buy and hold investors to be more prepared, please see below:Happening Nationally:Tenants have refused to leave at the end of their lease siting uncertainty and high risk of virus.Tenants (apparently even with strong renter history) are stating the virus has impacted their income and are not able to pay rent, are asking for lenience.Vendors are less responsive to non-emergent maintenance due to fear of employees becoming sick.Property Managers have chosen to be less responsive to non-urgent maintenance requests from tenants to keep their team safe, similar to vendors.Showings have decreased or have been cancelled due to the fear of being in public buildings or other people’s homes, which might impact vacancy if this is longer term.Occupied unit showings have ceased for the protection of the tenant in place, the showing agent, and the prospective tenant.Some management offices are closing and requesting rent be paid in a different manner than visiting the office.Occupied unit inspections have been paused, unless deemed emergent.Be Prepared:Think through how you will handle some of these situations in advance and write our a process for it.Handle them consistently and do not favor one tenant over another.Be proactive and prepared so you can act unemotionally and with fairness for all.Be a Leader:Now is the time to show your team (vendors and tenants) that you value their health as much as you do your own.

Consistency is the key.

If you can rely on your Hard Money Lender understanding your business and needs, and deliver consistent, fast closings it will make scaling much easier.

At that time they all told me the interest rate was about 5%, which seems consistent with my research.

I plan to analyze deals daily to become super strong in that aspect of the deal.   

Does anyone know anyone who was buying real estate in 2006-2008 and was consistently making money until the market turned in 2012?

If you're OOS, you want someone that's going to consistently respond to your calls or emails quickly, and that will have a strong network to share with you when they don't have an answer.

-the roof consist of (1) leak into the unit which is under some dead wood                                                                                                        - 4 drain spot in which the rain is missing the drain and water is coming  in the units