What is the best option for me at this point.

I think that would be a good idea, since the real obstacle for me is getting the savings for a down payment setup.

It's not professional for me to speak badly about another Philadelphia Property Management Company; but we have taken over clients from these guys....and I just hate, absolutely hate to see this stuff.Property management is regulated and a licensed activity.

They are both similar in that they are both forms of seller financing, but that's where the similarity ends.I won't do S2's, but I'll do L/O all day.

Nice neighborhood (here in South Florida), freshly remodeled, looks like she bought it as a flip.She has agreed to my terms- I'll meet her price (as it jives with market price), she's getting $5k down for me, and I'm giving her $1500 a month.

Make sure to have all tenants fill out an estoppel (templates can be found in the forms library).

Or is there a calculation I should be forming on my own?

I want to make money work for me, and so I know that it takes some money to take care of those properties and hopefully, the cash will flow in and I won't have to invest any extra than what I have started with. 6 months from now, my goal is to begin that first property and be well underway to manage it, no matter what the learning curve is, because it's my first deal.Well to wrap it up, I'm a pharmacy professional looking to do more business, as they did not train me about any kind of business while in pharmacy school.

What advice you have for me given the market parameters. 3.

Do you think it makes sense for me to get approved so I have an idea of the interest rate and what percentage down would be required if i intend to buy in the next 6 months or so?