@Scott Hollister @Xavier KnightI was just at a meeting last night in Manchester.

You may meet someone who invests in the SC market.It looks like you have a nice goal of investing in a property in the next 180 days.

Here, you can build up a contact list with all prospective buyers that visit the open house.REIA meetings can help you connect with local agents and investors and pick their brains as well.

I would love to attend and meet some experienced REIs!

I am in town for a short time only and am hoping to meet some friendly BP family members.

PM me if you'd like to meet over the phone or coffee! 

CapEx is included, but is considerably lower because it's a very new, excellent condition property (I considered things such as paint, appliances, flooring that would be needed while we still own the property).Purchase Price $350,000Purchase Closing Costs $1,300Total Project Cost $351,300ARV $350,000Down Payment $12,250Loan Amount $337,750Amortized for 30 yearsLoan Interest Rate 4.6%Monthly P&I $1,731.46Total Cash Needed $13,550.002% Rule 0.85%Initial Equity $12,250Monthly Income ($1500 per unit) $3,000 Monthly Expenses (Including CapEx) $2,607 Monthly Cashflow $392 Pro Forma Cap 7.28% Total Cash Needed $13,550.00Cash on Cash ROI 34.73% Purchase Cap Rate 7.28%Est Vacancy $150PMI $200Est CapEx $63Insurance $80P&I $1,731.46My only major concern is that I'm not meeting the 2% rule (and just short of 1%, even), but this is probably the closest property I've seen, and has a significant cash on cash ROI.

Nice to meet you all by the way :).  

I would love to meet others interested in a mutually beneficial professional partnership.

You are required to if the candidate meets all your other screening criteria.