A few months back I started a new exciting project.

I wanted to get concrete as to what numbers I'm going to consider in my newest market, where small buy-and-hold MF are currently selling at around the 1% rule (a $200,000 duplex gets around $2000 in monthly rental income - these numbers have remained consistent over the past 18 months ever since I first studied this market).1% doesn't excite me much and I decided I'll buy starting at around 1.5% (they currently have some small duplexes approaching this number but they're small and aged) - I want a larger MF or at the very least a newer build duplex with more SQ.FT. so I'm getting good rent while minimizing expenses. 

I spent the last few days reading the BP Book on RE Investing and am very excited to get started!

Now let's meet the players.There are four key players in this equation and we will just call them A, B, C, and D.A: Possesses the title free and clear of the current subject property.

I am personally excited at the idea of living in the location because of the convenience of how close everything is.Duplex - $550,000 - mortgage would be $3,030 FHABuilt- 2001One side 2/2 1k sq ft, other side 3/2 1400sqft2/2 side has had tenant since it was built in 2001.

Always excited to see local members!

I'm new to the bigger pockets community and always excited to learn and grow.

We are also new here and are super excited about getting started.

I haven't read any of his books yet, but I know he's a smart guy with some great systems, so I'm excited to see what wisdom I can glean from those books.

I would be excited to chat and see if we can synergize some of our thoughts and efforts to try to build better communities.