Also, they have a title business so it makes it a pretty easy process.Do you already have deals ready or are you just proactively talking to attornies?

They seem to have a good business model and one of the owners is an investor himself which is definitely a plus, but they charge a leasing fee (to find and get a qualified tenant into the property) equal to 1 month of rent, which comes out to an additional 4%-8% on top of the monthly 10% maintenance/management fee depending on how long the tenant stays.

Would seriously focus on your game-plan and what you want to do for investing in the long run.

That's no way to run a business and this business is too small to get away with it. 

A mortgage broker will not waste their time unless they have no business going on and are looking to hit a miracle. 

He now has dementia and we sold his business and he and my mom are living off of the rental income.

Coffee sounds great too but sounds like your not local unless you plan on coming through Memphis again soon.

So a bit of professional background about me:• Bachelors in finance, top of my class - I have deep understanding in debt, equities, cashflows, business operations etc• Worked for a year as an acquisition analyst at small fund that invests in multifamily deals.

Although I still may have over paid for this property, I’m not worried because I plan to hold on to it for the next 50+ years.

In the end he made less than he wanted , but more than if the deal didnt go thru . ( He didnt like me much , but I am not in the business to make friends , I am in the business to make money ) .