For me, both ticked all of the boxes for investing but price. 

This creates a bit of a conundrum to me as I really wasn’t planning to buy something this early, essentially moving my one year of waiting into potentially 4-8 weeks.So, the knowledge base I have so far comes in the form of around 30 BP podcasts, Brandon’s two books on rental property investing (read ~3 times), as well as the newly released investing guide by Josh and Brandon.

I think there is potential for me to buy the property and subdivide it to build 3 or 4 houses and keep one for myself.

What is the best option for me at this point.

I think that would be a good idea, since the real obstacle for me is getting the savings for a down payment setup.

It's not professional for me to speak badly about another Philadelphia Property Management Company; but we have taken over clients from these guys....and I just hate, absolutely hate to see this stuff.Property management is regulated and a licensed activity.

They are both similar in that they are both forms of seller financing, but that's where the similarity ends.I won't do S2's, but I'll do L/O all day.

Nice neighborhood (here in South Florida), freshly remodeled, looks like she bought it as a flip.She has agreed to my terms- I'll meet her price (as it jives with market price), she's getting $5k down for me, and I'm giving her $1500 a month.

Make sure to have all tenants fill out an estoppel (templates can be found in the forms library).

Or is there a calculation I should be forming on my own?