Since I am assuming you are only getting the $2,500 rents from the 2 higher priced units that leaves you negative $644/month.However if you are renting right now and are paying more than that it could still be a net gain to you monthly while getting some added tax deductions and building equity in a property.

There is no question that good information is valuable.

My time is very valuable.

I guess my main goal would be to invest in real estate for cash flow, not so much capital gains.

The knowledge you will gain here will help you more than you can imagine!

I think my biggest concern is making sure that I am making the proper disclosures to show that I am not taking advantage of potential real estate customers for personal gain.

The seller could be fibbing to me (oh the shock), but he told me his tax guy said he would be taxed at his current rate long term capital gain at the net after basis and depreciation recapture EVEN if he sells to me on seller financing.

One is so I had a decent amount of skin in the game from the borrower, and also to make my note more valuable if I ever needed to sell it.

I wanted to first off thank you all for the wonderful guidance and advice that I've gained from the site over the last few months.

I have been noticing that more and more in GA in my target areas.