Average rent around 2k/month which is cheap out here.

Given your own comment about the profitability of the deals, I’m not sure how you could pay that.So I guess your best bet is love money from your loved ones so might want to support you.

A lot of the deals out on the MLS I’d be cautious of because despite them cash flowing there maybe be problems waiting for you.

Currently have a small inherited condo in Southeast Florida. It's a 900sq ft 2/2 unit with 1 parking spot that is approximately 40 yrs. old, ina  100 unit building. No update of common area finishes although clean and...

Settling with you is often much cheaper than dealing with an investigation from the state, so they usually prefer to make the problem disappear. 

Hello I dont know how to do all the rennovations I see my brothier doing at his rental project, I just feel like at a base leval I dont know anything no matter the history and work, how am I going to buy my first deal when I dont know ****  pleas help me dial it out of this hell  refering to the rehab skills mainlyhow to deduct all deffered maintances and otherwise I make 1k a mouth but what happens when a major rennovation takes place

I’m putting together a deal to buy a multi-family rental property from my parents in Buffalo, NY.

@Benjamin Stacey so we utilized a HELOC to get into our first STR deal (different than your situation, but I can relate).

There is a lot of work left to close the deal.

I am rookie investor who has not done any deals yet.