I like that they have low minimums on the ifunding site..I'm still not sure exactly how they screen the deals "a proven formula" by a "team of professionals w/ over 30 yrs of experience"But another example of the "democratization" of RE investing and information (much like many other industries..)

My mentor has made 10,000 his first year on one deal because he was fortunate enough to be involved with the Renatus Education and that got him a head start.

It's a great way to keep newbies and seasoned investors alike engaged and inspired to keep pushing ahead!

Then go ahead and leverage additional properties as you can.

Plus, it's close to the new Honda plant as well.

If you can build in even 10K of sweat equity on a buy and hold deal, you are coming out ahead of buying at retail.

Student rentals are a bit higher when it comes to management but if you have a well maintained place for a reasonable price your vacancy will be 0% or very close and you will have signed leases 6 months ahead of the current one expiring.

Bankruptcies are a different matter, while they could qualify after 3 years, that is when the cause was not due to their financial failure, being unforeseen and unavoidable like a plant closing that puts the out of work or medical bills.

hi Attila - I'm also a newbie from Sacramento but you are way ahead of me in action.

Make a friend at a bank, they might give you a heads up as to what is about to be coming their way. :)