Hi guys, I'm brand new here (both to R/E investing and w/ BP) and I have a quick question as I'm reviewing deals from all sources. 

Ideally, you should be making deals that earn you positive monthly cash flows until you reach that financial freedom sweet spot. 

@Christopher Leong E welcome to BP! 

We have also secured a real estate agent who will only take 4% commission and who will guide us through the process.Obviously our plan is very elementary in nature as we have analyzed a minimal amount of deals and are not entirely confident in our abilities to determine the ideal purchase. 

@Jason E.

If those are low, then option #2 is ideal. 

Those are the big financial risks in early 1900s homes, and if they've been addressed, they can make for nice houses to add to your portfolio.A good, investor-friendly agent will know how to evaluate those homes and give you good buying advice.As for locations, the Midwest still has plenty of 3/2 houses that list under 200k, but they are getting tough to find in ideal neighborhoods.

Honestly if Apple allowed you to have multiple contact lists in your phone that could be shared with others, it would be ideal.  

Maybe they can track down the 'rogue deposits' grouped but itemized per tenant in an e-mail ahead of time.

Ideally it would be nice for him to be able to sell it to a young ambitious person and see it keep operating.