I would say South of Virginia to Florida, the Midwest- Texas, Oklahoma, etc.It's tough to get deals that make financial sense and provide good cash flow in the Northeast.

There are many real estate books out there which discuss investing without financial resources.

We set up dba llcs for each individual property.This is just my understanding of the law in my state.

Id like to get my first deal done before my enlistment is up as it would help me become a little more financially set before I become jobless for a bit.

The lender will also have to research the HOA to make sure they are in good financial standings, no current lawsuits, and the owner occupancy rate of the complex.

However, most rental property that gets reported and rolled up into ones individual taxes is accounted for on a cash basis.  

From Bigger Pockets I am looking for more invaluable experience and connections to like minded individuals in the area. 

Hey all, Wondering where people go to find  Real estate deal financials so that I can practice deal analysis  using real numbers.

These numbers are approximately and based on financial institutions that I contacted and gave me quotes. 1. 220k x 3.5%= $7700 downtenants pay: 1200 x 3= 3600 mortgage: 1387 (tax, PMI, etc included)water: 170cap x: 200 (appliance depreciations, repairs, etc)loan: 176 (10k loan; my personal loan obligation) PROFIT: 1,667 mon. (20,004 yr) **I could save 6 mons from the profits and pay off the 10,560 from the personal loan.Property 2; I would write and notarize a contract up between me and a relative or close friend that will state that if they apply and qualify for a 30k loan which their monthly payments will be 528, I will pay them 10k over 12 months (834 per. mon).

I tailor individual packets for each of them.