Again, it’s a great program, but you do need to be able to come up with your down payment for your next deal since that 3.5% is the lowest you’ll ever be able to bring to closing thereafter.

On the surface Lewiston and Fall River appear to me to be similar cities.Tx!

Unstaged spaces always appear smaller than those that are staged. 

It appears you have low percentages for vacancy, CapEx, and repairs.

Karen, I won't be attending but I can recommend a tip that could save you thousands of dollars: Leave your credit cards at home.Most of the free / low cost seminars give you a few crumbs of information but are mainly sales presentations designed to "upsell" you on more expensive "boot camps" and/or "mentoring programs".They all follow the same classic sales formula, they'll tell you that it normally costs $X (you can even go on their website and see that price) but "today only" or "only for the first N people to sign up" they're putting on a special deal.They'll do the whole "this is how much it would cost individually but here's an incredible package deal" etc.

The property appears to work with my conservative figures, but I would appreciate the opinions of someone more experienced.

Hello @Danny Abrahamson - I got my license just before my second investment property purchase, and I hung my license with Keller Williams because they have great new agent training programs.

However, it appears the owner is already listed as the bank?

I did a little research and it does not appear to be a major expense to get it done which is making me lean towards taking care of it on our end. 

While I can appreciate the difference in interest rates, it appears to me you are likely still over leveraged.