Payne is not the best system try brant should be same ball park.Also after you pay the 475 for the repairs you can open a cash account at a supply place and order the units and the coil line and just get it installed and will save you some money alot of the mark up is on the equipment.IF you go to a 2rd party vendor they will do it 1st party most of the time will tell you no they want you to have a HVAClic  you will  save about 20% of the cost .

Get your first deal done, then your second, then third... it's not rocket science.

.; second, to any outstanding service charges or fees from priormonths; third, to any rent outstanding from prior months; fourth, to anyservice charges or fees due in the current month; and lastly to the currentmonth’s rent."

I do an almost immediate Cash out refi (hybrid) where the cash out part is my CAPEX, etc...

I'm popular with the wives, children, men, and can cook a mean chicken piccata while juggling.How's that for a party resume?

For @Lester Williams, Jr. if you would've bought you would be seeing some pretty good appreciation for Memphis comparatively but the best part is you would've had great cash flow. 

In July 2014 I bought a 200+ unit deal in Dallas, TX for $6 million and at closing the property appraised at $7.4 million.The deal was off-market and I located by doing a strategic direct mail campaign.This was a tough repositioning deal, but since buying, I have spent $500k of my $750k rehab budget doing interior and exterior upgrades.I am working with a third party management company in TX and we have increased rents over a $100 per unit since acquisition.We increased occupancy from 84% in July 2014 to today we are 99% occupied.I raised $2 million for the deal by doing a syndication.

If you don't perform as a buyer due to lack of financing, your name will be mud with the parties involved.

I have two properties and expect to purchase a third within the next year. 

I don't really know about financing, I tried to get a equity loan for a property,  that I couldn't afford, I had the first two houses all paid and tried to get a loan for a third one that I liked in a very good area of town.