Hello BP family and friends.

The only saving grace I have right now, for that plan anyway,  is that I have a friend who is an appraiser in the area and has agreed to look at comps to get a good since of what the ARV will be.  

If you can buy a $300k property and only come out of pocket $400/month for it, that's a MAJOR win my friend.

I have a loan officer and a accountant and also a friend who owns property but he buys everything cash.

These days, state laws hold landlord responsible for renting to sex offenders and criminals, and I'm not sure how my insurance company would handle it if one of your subtenants, a known child molester, molested a neighbor's kid.

Mr Cardone who is real estate guru take the cash 98% from friend and relatives, just 2% from others.There is an important point which no one pointed out in this fourm, which assest diversity, it is so dangerous to put all the cash on one industry like real estate, because like any industry, there is good and bad time.

A friend told me about this website a few days ago and I sign up to a REIA which he's joined recently.

Cancer took some friends from me. 

We have a family friend who has been a contractor for over 16 years, so we chose him to build our house.

I also have an hvac close friend that will help me install the HVAC unit and will only charge me cost and free labor.