I wanted them to sell these properties years ago but I guess I can officially say goodbye to my money.

A FICO score requirement of 650 or higher, along with at least three years of consistent income that's 3X the monthly rent, are also a good ideas.

My LOT was $32,500 and then they added the FOA to cover the first 2-3 years. 

I’m trying to figure the best way to structure the deal (equity, yearly dividends on cash flow, etc).

Have been talking about getting into real estate investing for the last 2-3 years and finally pulled the trigger on a 3 unit house hack in Soulard that will be closing later this month and will be self-managing the property.I'm trying to network a bit with other investors, build a solid team of contractors / handymen, and set my systems up in way to scale, but also so my tenants have a good experience.

However, the average lifespan of companies is 10 to 18 years, so every private-sector job your tenants have will eventually disappear.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Maybe if I was younger it would make more sense, but staying with the method I've used over the last 10 years will only become more refined and efficient.

I've been in the industry for four years.

sat on the MLS for a year.