Now you need to underwrite the deallook at the market demographics, population, jobs, path of progress, etcask for the actual profit and loss statementswith a mortgage lender, find out what kind of financing you can get Offer a price that works with your investment criteria, E.G.

Generally these underperform at best and are nightmares at worst, so at this point most either sell for a loss and get out of real estate, or graduate to higher priced SFH in better areas that actually perform as planned.  

Factor into your cap expenses- loss of your furnace, water heater, and any thing of value that can be removed easily when it becomes vacant.  

You will need to make adjustments to the entire floor occasionally, especially in the beginning when there isn't a lot of weight/friction. 

Even if you have no cashflow and just pay down an 80% loan you'll get 10%+ returns with the added benefit of "losses" on your taxes.If the deals are there and this is your best source of cash, I'd say the 10% penalty (if there is one) shouldn't be a barrier at all.

If they get pissy and don't reply.. well their loss.

Charter schools like Drew Charter (highly ranked statewide) in Kirkwood is a good example of how you can have a poorly rated school district but a great Charter school that anchors the area.OTP, you have to put a lot more weight on school ratings.

Build network of like-minded folks and win/win syndicators so i can find a place is to invest this year.Not tooting my own horn but you might wanna check the articles below out:Deal Screening Checklist for Passive Multifamily InvestorsThe Inside Track to Vetting A Multifamily Deal SponsorYou'll save yourself a ton of heartache, loss of brain cells and time. 

Since we started renting in Q4, it will result a net loss for 2018. we are wondering how does the loss offset w2 income ($400k+)?

Does that mean you would have made a loss?