@Josh Shaw I think these are slightly over priced and there is clearly some expenses missing, but the power of multifamily is the ability to value add.

In A neighborhoods with a significant young professional population I think the ability to rent is much more important than the ability to finance with FHA.

Jennifer N.Most sellers will complete the property disclosure to the best of their ability, but you should never ever rely on that information.

I have to admit, i have no experience in real estate, i just have the passion and the ability to learn fast.now i'm planning on building my online real estate company; i admit i have many doubting thoughts, since i'm planning to leave my current full time job and be fully engaged in learning/working in real estate. 

(Obviously you have not met me so this is a bit of Catch 22 and extremely strange for me to be talking about myself at such lengths, but without having met you, this is the only way for me to capture your attention).What I'm looking for:-An experienced successful Bay Area real estate investor to shadow-To trade hard work for your expertise and experienceWhat I can't offer:-Experience purchasing properties-Large amounts of capital What I can offer:- Sweat equity - (driving for dollars, phone calls, deal research/analysis, etc)- The ability to solve complex problems and get sh*t done - my job depends on it- Attention to detail - I'm meticulous- Experience managing construction budgets upwards of $100m- Field experience managing general/sub-contractors - Creating and executing master and micro-schedules - Energy, enthusiasm, and the hunger to become great- Anything else you need may need - let's be creative and discussIf you made it to this part, congratulations and thank you for listening to me.

In a smaller park where ownership is not on site, a community manager usually also needs sales skills to sell homes as well as the other responsibilities.Good managers are difficult to find in part because typically they are not very well compensated, and in part because they often need very diverse sets of skills and abilities.

IF you work it right, the income from your former house hacks will cover the mortgages and allow you to organically have the ability to get a loan for your next property.In other words, once you get started, the rental income covers the mortgages, and you can for the first ten or so properties continue to buy the next one. 

It's just that 3.5% is cash, 5% because you're an owner occupant, and the remaining required balance of the 25% down payment is in the form of your HLAW and sales ability. 

The key is to tie it up, but also have the ability to exit if you miss a step, or can't wholesale it.

Hello Walmsley,Any and all payment figures you see regarding NACA loans are fully amortized, including Principal, Interest, Taxes and Insurance.The program isn't meant to be fast or easy, but for those who stick with it, the rewards are always well worth it.With a below market interst rate, no down payment, no closing costs, no PMI and the ability to buy the rate down to nearly zero, the money saved is woth the effort.Tim TrumbleOnline Operations, NACA