Almost like the old saying of how Car salesman want to meet their month end quota so willing to make a deal. 

High rent in the neighborhood is 1300, house would need 10k of work to get it to that number so the lease has been drawn up for 1100/month,Most things are new and roof is a few years old so i'm ok with this rent amount for the first year, mostly because id rather work on the stuff at my land than this house.  

I am a 23 year old who is extremely interested in RE Investing, specifically multi-family properties in the Spokane area.

My name is Isaac, i'm 20 years old all the way from Australia, NSW and have been been fortunate enough to stumble across this great website. 

I'm Nick Terpstra, a 24 year old from Kamloops BC.I purchased my first home last year, built a basement suite for myself and have been renting out the upstairs.I am fired up to further my real estate portfolio, and I look forward to learning from the veterans on this site.

There's a similar strategy in the world of real state investing in terms of other people (called syndicators or sponsors) do all the work and you as an equity partner sit back and collect the dividend checks.

These are the kinds of things that your QI should walk with you through.The construction exchange that @Clayton Mobley was talking about is a great tool if you want to either purchase a new build or build something and have not yet sold your old property. 

So if you want to go into contract for your purchases while your old property is still under contract you can sure do that.

I purchased a townhome as a rental property and I’ll be possibly taking over the tenant who already lives in the place. In that situation should I pay any fees to the agent? 

It seems to me that "passive investing" and "syndication have become new synonyms for the old "OPM" projects.