As far as the negotiations, it sounds like you are taking a good approach, I just finished the audio version of "Never Split the Difference: Negotiate as if your life depended on it" by Chris Voss.

I think it depends on your overall goals/objectives.

Depending on the length of time you can look into an FHA loan since you will be living there (I do not know the time you have to hold the property for).

The deal I'm negotiating right now has an estimated cash flow of $150-$200/mo. depending on how the numbers fall in the end.

I would say it depends a lot on where you are located, if you are in a resort town in Hawaii or somewhere exotic it could take a greater hit.

For your two homes, Depending on the condition, I have people that would buy them immediately in both locations. 2.

It isn’t paid directly to landlord and the amount doesn’t change depending on your house.

While this may (or may not...depending on your personal perspective) sound like a lot of property, consider that it has taken us over 11 years to acquire this portfolio and at some point it required us to jump from being 'interested' and to become 'committed' to the process.The purpose of this post is to talk about the difference between being 'interested' vs. being 'committed'.

While this may (or may not...depending on your personal perspective) sound like a lot of property, consider that it has taken us over 11 years to acquire this portfolio and at some point it required us to jump from being 'interested' and to become 'committed' to the process.The purpose of this post is to talk about the difference between being 'interested' vs. being 'committed'.

When learning about your areas, consider your "back yard" as a good place to start and then possibly move out from there when you gain a little experience or your success depends on it.Certain things will effect that like growth and the economy that is diverse.