Do you have the required funds on hand or with a seller carry to take to the closing table?

Whether it is the subject of "$30,000" houses or "Cap Rates" or even "Owning Class D properties where you have to carry to collect rents!" 

You should also consider that a lender will only give you a loan that is worth a percentage of the property and second mortgages carry high interest rates and even higher ones for second mortgages on investment properties, and if you will be able to make these payments each month.

Scrub the fireplace black ash. 

We also have to carry certain amount of insurance both GL and errors and omissions insurance.. basically if we mess up its our fault. 

Its also an extreme security issue since you'll be known to carry large amounts of cash when in the neighborhood.

I do not currently own any investment properties and was wondering if by hiring a property manager that you can reduce or eliminate any insurance policies you may carry for that property as the liability now lies with them?

@Andy Levin never go into a deal that you can not carry the worst case scenario of vacancy or maintenance.

Hopefully it will inspire some of the new members to carry through with their projects and make their investment dreams come true!

The seller has given me the option for them to carry the down payment of up to 20% of the purchase price at 5.25%, am over 30years.Each unit is currently rented on 1 year leases.What else should I be thinking about before making a decision on this property?