She's inherited some money through a life insurance policy from the death of a close relative, so she has substantial money for a down payment.

I think prices are going to go up substantially within a couple of blocks of the route.  

Thanks @Guy Gimenez - It just baffles me why people put money at risk - sometimes very substantial amounts - on deals and not spend the few bucks to get a survey done to make sure there are not issues. 

This means now your principal is instantly substantially less and each mortgage payment pays of significantly more principal. 

Most people suggest to wait and save enough on my own, however my large student loan debt doesn't allow me to save anything substantial therefore I'm trying to use real estate investing to my advantage.Dan

Number one the tenants pay more rent for the location which increases NOI and number two a retail center with strong regional to national tenants over mom and pop usually sells for a substantially lower cap rate.So income goes up and cap rate goes down and you have a boost to equity.  

They then take your property, your primary residence, garnish your wages, etc. to attempt to recover the additional 2M.Under the LLC, your downside risk is substantially minimized (assuming you don't pierce the corporate veil). 

Has anyone completed a project together with Pete Asmus at the turnkeyinvestor.com and can substantiate the claims on his website, http://theturnkeyinvestor.com/completed-projects/?

Since we're moving we need to either sell or rent out our 1BR.If we sold, we'd get a substantial amount of cash to start purchasing properties and have no debt starting out. 

I don't know much about the business environment where you are but if there are not a substantial amount of real estate companies that way that is certainly an option to get the type of experience you are looking for.