Need some help analyzing.Property Valuation = 66kNote's Unpaid Balance = 25.2kNote Sellers price = 21.6k (standard 85% of UPB)Sellers claims note "performing", but has unpaid taxes of 8.5kLoan maturity in 5 months with balloon of 25.2k paymentChances are this will foreclose!

Does their property manager embezzle from them or just otherwise not perform.  

This individual helps hold me accountable to the action items I've listed to perform the goals I've outlined for myself (I work quickly and take massive action, so I've outlined goals taking me only into the end of the first quarter of this year).I'm constantly on YouTube looking at different videos on a myriad of topics concerning flipping, financing and real estate in general (usually this is a last resort /exhaustion type of thing. 

My point is all you need is a little motivation, consistency and a computer. 

The idea is that you find the business adequately and consistently treat it as a separate entity, and so long as that's true, it provides you limited personal liability.When it comes time to file your taxes, the IRS says "I don't care about any of that legality mumbo jumbo.  

Unfortunately that isn't alwaysthe case but here are a few of my past sellers that can vouch for how I do business and that I will perform as we have agreed if you decide to move forward with me."  

I am familiar with the broad concepts, so if our partnership consists of you telling me to 'ook up the tax records.  

How do you think we've been able to obtain millions in loans on non-performing multi-family and both of us don't have a job?

Be patient and be consistent.  

If you could perform the BRRR strategy, factoring in ALL EXPENSES.