I've found it's a bit of a challenge getting terms I can qualify for here in LA. 

However, in perfect timing,  my RE business has recently taken an unplanned (but very welcomed) turn as I have had 3 different investors approach me within the past month to assist on their investment search! 

For my first time, it may not be wise for me to take on such a challenge just yet.

When you become a landlord it become challenging when you start having to deal with humanity...especially when it's a different lifestyle than you are accustom to. 

Yes, the insight Paul provided in this episode will certainly help those of us that want to keep pushing and looking for more challenges/opportunities.

That's how I'm approaching this challenge, prepare as you mentioned by learning from others but then taking the leap and inevitably making a few mistakes of my own.

But I’m intrigued by your approach.

The best part was that the numbers for cash flow were great, so the appreciation was an awesome bonus.There is a shortage of affordable housing in Phoenix and while there are tons of huge newer complexes, the rents at those places are generally higher. did you buy in PHX or are you talking about  Omaha.. the same thing happened in Vegas friend of mine was buying 4 plexs there in 2011 2012 for 140 to 160k he had to put in usually about 7 to 10k a door because they were kind of trashed.. and now they are approaching the 300k range and climbing.. its all about JOBs and blue collar jobs you have those you have your 600 to 1000 dollar renter without them ( that labor force) things start to go downhill.and this is one thing I have been mentioning those that jumped into the game 5 years ago the rising tide raised all boats.. it was a slice in time.. so now we since this continual whining on BP hey there are no deals.. 

He gives in once you push hard enough, and he's aware you've lawyered up.Also, never EVER use Maverick Investments https://maverickinvestorgroup.com/ We'd heard ABC might be a challenge, and so we chose Maverick because they said they'd have our back.

For a first timer would it be as simple as approaching a real estate attorney for help crafting the note and going from there?