It might help to eliminate the places you would not want to invest to narrow your search.

The note from the first seller is only $88,600 so you have more than enough equity remaining to place it in second position which leaves $61,400 in equity on the new property or about 4%.The first seller continues to receive payments and has sufficient collateral to cover the note. 

.:) And travelling to my clients place of business and helping them do RE deals..

you are in the right place for learning . every day read as much as you can and soak up all the invaluable knowledge here on these posts .

It's a place to run to when all hell breaks loose in the U.S.

Those are desirable areas where a nice 3 bed 1 bath unit can rent for 1,200 all day long.Don't fall victim to the pro formas showing New Haven and Hartford to be these amazing places.

She will probably game the system for the next 6-12 months, but that's what you get buying a property with a non-paying tenant in place, in an anti-landlord city. 

This will create your new basis.From an operational perspective, you might want to touch up a few things on the place to make it more rentable. 

.- The management company offers a hands-off approach including coordinating and managing repairs, getting the property rent ready after a move out and placing a tenant from a pool of applicants that may be waiting for a property to be ready.

Something that offers a bit more than a place to put your money.