@Dan Sheeks Hello Dan, I think it's safe to say my largest obstacle is simply inexperience.

In fact, I bet I could go into my notes from the course and answer your questions with exactly what they said on the matter.

If you think you have the ability to raise sufficient equity to do the deal your best bet would be to find a local developer with expertise in this type of project to partner up.

Al of these have a normal lifecycle, and if you are purchasing a place that is on year 1 for all of these lifecycles you're probably safe having a few months of operating expenses in an emergency fund. 

Cash for keys is going to be your best bet.

At only ~600/month seems almost as good as a heloc and I talked to my investment broker who said he's got an ultra safe home for the money with between 2 - 3 % return.   

Hello all,Hope everyone is staying safe during these times!

Is that a good/safe area??

But you can’t just look at the top / elite salespeople and say “I can do that no problem” and bet your income on it.Those top percent really hustle, even have to pay for additional staff to help them, and generally pay for additional advertising and services (eg professional photos, etc)Good luck.

If my options are pay $150 PMI or 15% more downpayment I will bet the $150 for the next 3 years as we are in a mkt where appreciation is no less than 5% annually.