An agent can represent a seller or a buyer even if they don't own the property, but they have to have the owner's approval.If the "seller" doesn't meet deadlines, it's probably a wholesaler who is having diffculties of some sort with the actual seller.So, either I misunderstand what is actually going on, or some information has not been conveyed.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

A little over 15 years ago, in the late spring of 2009, I was a brand spanking new real estate agent coming off of a miserably failed real estate investment venture.

If I didn't mind being a little negative on cash flow then I would buy in Gilbert.

It’s a little more work to set up, but if you get a solid property manager, it’s not as scary as it sounds.If I were you, I’d keep digging into the Capitol region, NJ, and CT—compare the numbers, and maybe even start building connections with agents or wholesalers in those areas.

I’m mainly focused on the ATL/GA region but am open to exploring other cities too.A little about why I'm here: I’m an engineer by day and a real estate enthusiast by night.

I get having a driver's license to verify identity, but recording your head turning like a mug shot is a little much. 

If the numbers make sense, the plan is to approach the seller and attempt to get a lower price for this "2-story" building which has vacancies, since that's what the owner is selling.

I would go with a real estate cpa, but I’m a little biased.

A simple explanation might be that rents have increased to offset higher mortgage costs, but what about property owners who locked in rates below 4%—or even 3%?