My biggest suggestion is find a team that delivers a reliable OUTCOME for their people.My team and I help out of state investors create a six fugure passive income in Indy for example, if you think you'd be a good fit for that please let me know and I can explain more. 

And yet another, recording a memoradum of purchase agreement to cloud title and then not releasing the memorandum in order to hold the property hostage for a fee, is a serious legal issue.And another, signing a purchase and sale agreement without the intent or ability to close, is fraud.

Many lenders offer up to 85% on investor financing for a 1-4 unit purchase transaction. 

If you're seeking a reliable income stream, checkout Cleveland.

What price point would you be targeting for this purchase?

I am hoping to pull pull out the cash from the home to make a large purchase.

We financed the Pennsylvania Ave deal using Partner Driven's capital, covering the $28,000 purchase price.

lol we are talking the same, lets say we do some input statistic analysis ( i did it before ), so in 2009 the mortgage debt with typical husband and wife working is like 29% ; now that number is going as much as 44% in some cities. also our home price is created using auction systems, if there'e 100 houses in one zip code, the pricing discovery in created by the last 3-5 home purchasers, which indicate 95% of other folks does not necessarily able to purchase home or do mortgage with current rate.Which cause a problem, one household either need to maintain job that can continously paying the mortgage and/or the loyalty of husband and wife is a MUST LOL Having said that, to maintain 1.5 mil homes in bay area for example, husband and wife should not divorce for 30 years at least.But for 150k house in Ohio, the husband can divorce their wife anytime while maintain the mortgage payment LOLHaving said that, getting divorce is very suicidal for financial.but also creating different effect, for single guy, there's almost no way they can purchase home, unless they're cardiologist or any other high income earner LOL (this example is just for fun).In our area the home supply is coming from two sources mainly: people going retirement and want to cash out or separation in relationship LOLGetting separation is very expensive especially if you born in 1970/1980/1990s, I would even argue the moment you are married-->single thus you become the renter class again LOL

How do you know you purchased an overall good deal? 

As a business we run a note fund and also syndicate notes that we originate or purchase.