Most pro-formas that you will be presented when purchasing investment property will typically have a 20% down and 80% loan to value scenario.Can you put less down the 20%?

Build a pro forma, even at a high level2.

The only thing I'll add, and I know this sounds basic, but make sure headline figures (Cap Rate, CoC, Equity Multiple, IRR...) in your Exec-summary match your pro forma figures.

We would form a company that owns the land.

@Khizar HanifMy thoughts in no particular order:For operating expenses, their pro forma says it's about 40% of the gross revenue ($45k +$30k).

I think as you develop more experience it might be ok to base your decision on a pro forma (in this case buying 20% less than asking price) if you really know that market.

This isn't allot per say  but its more than the traditional account or CD will provide, you have access to your funds, and your money is working a little more for you.Property Summary 2013Number of units:4Land:0.60 AcreRentable SQFT:3,966Capital Debt:$120,000Price Per unit:$40,000Price/SQFT:$40.34Pro Forma Cap Rate:9.86%GRM:7.09Average Rent:$470 Average Unit size992 SQFTPro Forma Occ:95%Gross Potential Income$22,560 Less Vacancy($1,128)Other incomeNet Rental Income$21,432 Operating ExpensesOffice/PayrollManagement Rate8%Management Fee($1,786)Repairs/Maint.($1,000.00)Utilities($1,744.00)Insurance($1,128.00)Capital payment less interest($2,206.53)Total Operating Expenses:($7,864)Net Operating Income:$15,774.07 (EBIT):$13,567.54 Capital Intrest($4,462.33)Property Tax($519)Federal Taxes$0 Net Operations Proffit After Taxes$8,586

If you want to be a leader and form a new marketing plan that fits you and your prospective goals, begin with door knocking and meet your local home owners.   

Thanks mate,Should be awesome.Be ready for MA 15+ so leave your kids at home hahaEveryone has been warned haha

@Ross Williams, I’d like to form a class action suit as they do not give a 30 day right to rescind unlike most other companies .. wondering who might be interested.