But then, perhaps ensure each of them know that you would use THEM for any follow-up re-sale of said properties!?

You would be able to help the original owner by ensuring they get their monthly income and not rack up a huge tax bill on a sale.

As an ambitious young real estate investor, I've tasked myself with expanding and growing what we currently have to ensure that further down the line, my children and my grandchildren can reap the rewards of their forebearers.Real estate is a dynamic, interesting, and rewarding field.

This would then allow you to generate equity at a faster rate with your active income (profession) along with your passive income.But with your situation and scarcity of good deals for MFH around your location, the path you're choosing would be understandable.You just want to ensure that you have budgeted correctly and set aside enough for maintenance costs to the SFH on top of the mortgage and living expenses.

Our main concern is that we want to ensure the building is best utilized and serves a good purpose for the community, as well as make it worth the investment.

http://www.biggerpockets.com/starthere http://www.biggerpockets.com/ubg http://www.biggerpockets.com/meet Setting up Keyword Alerts How to Use @Mentions on BiggerPockets 25 Tips for Real Estate SuccessBefore your 1st purchase, please ensure you visit the below link for some tips. http://www.realestate.com/advice/buying-your-first-investment-property/ eBookhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets- community-book Blog http://www.biggerpockets.com/renewsblog/2013/02/09/how-to-start-investing-real-estate-young/ Lastly, don't forget the podcasts, webinars, #askbp podcast and the blogs.

As @Crystal Smith and @Brie Schmidt mentioned, you should be careful on the HML and ensure your exit strategy is solid.

http://www.biggerpockets.com/starthere http://www.biggerpockets.com/ubg http://www.biggerpockets.com/meet Setting up Keyword Alerts How to Use @Mentions on BiggerPockets 25 Tips for Real Estate SuccessBefore your 1st purchase, please ensure you visit the below link for some tips. http://www.realestate.com/advice/buying-your-first-investment-property/ eBookhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets- community-book Blog http://www.biggerpockets.com/renewsblog/2013/02/09/how-to-start-investing-real-estate-young/ Lastly, don't forget the podcasts, webinars, #askbp podcast and the blogs.

That's a VERY general question, so here's a very general answer:- Good contracts- Ensure SEC compliance- Decide Equity vs.

The agent simply opens the offers, ensures they meet the criteria for that period (so they remove investor offers until they are eligible), and feed them into the system.