So a loss of about 55k We did a lease to own option so I could immediately take over expenses but keep their primary resident loan and interest rate.We agreed to a deal which would cover all their expenses at closing, their remaining loan balance, and $45,000.

Quote from @Micaila Frazier: Hey everyone!

What made you interested in investing in this type of deal?

This comes from several data points, the first being the average age at which people are choosing to stop renting and buy their first home.

I'm just gonna leave this here...

Quote from @Ken M.: Wall Street Thinks U.S.

I know a lot of investors have done very well in Peirce County but I just haven't learned or know enough about that market to make an investment there.Washington state properties are expensive and can be difficult to make breakeven let alone cash flow at this moment due to the combination of high prices and interest rates. 

Quote from @Renee Tan: Quote from @Michael Smythe: Why do you want to learn Yardi?

If you plan renting out this property, that cost recovery comes from cash flow (equity doesn't count). 

Quote from @Jared Smith: @Manuel Arambulo welcome to the forums!