Thats how I would approach it at least.

Though from their website info (which is all newly designed I see) it does sound like the tenant can now pay a portion of their rent like in other surrounding counties.

Although many of these law firms and loan modification companies have failed miserably in their attempt to “slay the banks,” many of them have been very successful in collecting upfront fees from borrowers facing foreclosure.We recently were approached by an individual who is seeking a hard money loan to buy an investment property.

If a realtor approaches you with a buyer, you should sign a single transaction listing agreement.

I feel like I am approaching real estate different from an investor who relies solely on rental cash flow.I am okay giving up some cash flow because I am more interested in mortgage pay-down/tax benefits/appreciation.Am I mentally approaching this wrong?

Well, I guess it's because I hate typing really so I'll say many things as quickly I can to make the point, I don't mean to discourage.Advice to newbies to get into notes....positive reinforcement......wow, I have taught the art in person to several investors, tough to do on the forums.By default more than by design, I ended up in a position by education and experience to be in lending and investing in debt.

I hear apartment buildings and some people think duplex,tri-plex,quad.I define it as 5 or more units for commercial purposes that will use the income approach as compared to the comparable sales approach and commercial financing versus traditional lending.Each size of building and units will have various things to analyze.You first need to define how much money you have to actually get started and that will determine to an extent what size you start out with among many other factors.

i guess i'm one of the blind sheep that follows the pack...i agree permits are a pain and a ridiculous fee that the government mandates...however, they do serve a purpose...i didn't see if you specified who ran the sewer line..my understanding was the seller himself did it...that's a different story than having a licensed plumber do it on a weekend and not pulling the permit (not advocating this approach either, just separating possibilities).

An interior designer and general contractor will meet us to map out a game plan and verify what we need to purchase the property for to hit our numbers.

I have not spoken to any banks or private money yet but I know these are important metrics that need to be figured out before I approach them.