.: $2,757-If you were to assume the loan and I carried the second note at the above terms your monthly PITI would be: $2,027Saving: $8,760 per year.Scenario 2:-If you were to bring the same $115,000 as a down payment on a conventional loan you would pay: $1,992-If you were to assume the loan and bring cash for equity position your monthly PITI would be: $1,300Saving: $8,304 (with no need to refi in the future)Since this is a hypothetical situation I'm going to give my number based on nat. average homeownership of 13.2 years.

It took longer and cost more than expected (shocker) but now that it is stabilized, it is cashflowing nicely.

By the end of my fourth year, I had surpassed even my own expectations, closing over 220 transactions and ranking among the top professionals in my field.But my journey was never just about personal accolades or financial gain.

I am thinking about renting a year or less and then buying something - I looked at the Elyson homes and liked that area for future. 

Of course there is more people can give you and there are a number of threads on how to interview a PM but in your initial interaction I would expect those. 

Here is what I expect as topics at least for starters:Investment strategy evolutionCreative borrowing/lending structuresLeverage and long term debt planningTax structures and planningYour questions/problems/interests/goals here!

@Tara Unruh one of the first things want to educate yourselves on is Property Classes.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Your expectations may be too high.

I went to all of the owners and was clear and honest with them about their current returns, expenses, ROI and potential future returns, every single one of them transitioned out of that investment class.

They didn't proofread it well (spelling error), and the wording at times seems less professional for what one would expect from a financial institution.