Hi all.First let me introduce myself.My name is Victor, I have been living in the Austin area for 10 years now, originally from Spain.I bought my first home in Austin in 2009, and sold it for a good profit in 2013, when I married, to buy another home with my wife.Ever since, I have been wanting to invest some money in real state, mostly to avoid just having cash seating in the bank, and build some equity for the time when we retire.At different times we have looked at different types of properties, but for one reason or another we would just stop looking for a while and then start over again.Just a few months we started looking again, I wanted to find some investment property that provided some positive cash flow, but after talking with some friends, realtor, mortgage broker... it seemed that it could be better to find another property to move to, and rent our current home out, since we got it at a good price in 2013 and should get a good rent.Now, while looking for that, I found a house I thought had good potential with some renovations, and long story short, we ended up in a contract to purchase it.

I appreciate the feedback

I'm told there is a way to ask the seller (who's carrying the loan) to take a second position, along with a second on the new motel property, to let new lender come in first by refinancing or cross collaterlizing the multi family?

@Erika Graf By posting and reading here you are already doing positive things.

@Cody CoxThank you for your feedback.

Does it common to receive these feedbacks from the PM?

Regarding Beavercreek, it may be good to consider since it is one of the few dayton suburban areas that has positive population growth.

Awesome feedback!

I would recommend looking further into these things if you haven’t just to be sure you are positioned appropriately.As far as incentives go, we haven’t seen the need to offer any in over 18 months but I like @Mary Mitchell’s suggestion of applying any discount to the second month’s rent.

So you're positive $20/month cashflow right?