Shop around for the best loan, lender's terms really vary.

As far as turnkey investments, you mentioned in your posts that property management isn't necessarily tied to the same company that you buy the property from, and that you often like to shop around for them.

Churches, hospitals, shopping all within 5 miles.One thing I don't like and would get quotes on is splitting up all the heat, air, and water and have them separately metered.rent $6875Laundry $350Advertising $75Insurance $125Management $700Maintenance $700Garbage $185Electric $565Gas $552Water $366Taxes $1060I could probably put down about $6,000-10,000, and would try to get the owner to finance the rest of the down payment.

I am frequently in LA, let me know if you'd like to grab a coffee or lunch sometime!

Have some coffee, LOL

Judd,It would seem we are alone, wanna just get coffee sometime, and call it the BiggerPockets Lexington Meetup?

The waitress who served you coffee may have an uncle who is thinking about selling!!!!

Thanks, DarwinGet preapproved, they can tell you what price they will consider, then you go shopping knowing you can have a chance of getting that loan amount required.

Tenants will shop for the best price.Joe Gore

Here is a place to start shopping around for a lender. http://www.scotsmanguide.com/