I'm in North Jersey pretty close to Jersey City, and I've always thought about finding a condo to purchase and rent, but never looked into it much because I aways saw incredibly high prices.

How do I approach the seller?

I’m so sorry for your incredible loss.  

I would say an aggressive approach to investing would be a 70-80 debt to equity ratio, while a more conservative approach would be a 40-60% debt to equity approach.   

Seems like the former would the wiser approach.

This will determine what kind of strategy you will follow, core, core plus, value add or opportunistic.If you were looking at $100k-$250k of capital I'd say you could be more liberal in your approach but since you are talking about 7 figures I would be alot more strategic about where you park your capital.

So, this approach has some beneift; there are som risk too.

There have been some great answers here, but I came across this webinar (now recording) in the BP marketplace, and found it incredibly insightfulhttps://www.biggerpockets.com/forums/109/topics/685989-so-glad-i-incorporated?

@Mark Hicks that's an incredibly vague question.

Hi All! So I finally mailed out my first marketing campaign and have gotten a couple of phone calls here and there. I don't have a lot of cash to work with but I do have a LOC which I reserved for down payments, point...