Any contract in RE, having the elements meeting the Statute of Frauds and lawful inent will generally work so long as things go smoothly and take the parties to a settlement.

Feeling carpet tacks in your bare feet because transitions weren't installed.

Now that the third fund is up and running, I expect purchases of rentals to increase in Q2 now that I'm no longer in "transition".I analyzed over 50 multifamily properties in Q1, and all of that hard work is likely to produce results with a closing of a 140 unit deal in Q2 if everything checks out.

Making a life choice here..a stand if you will.We're raising my niece which hasn't been an easy, smooth or inexpensive undertaking....it's not been easy but we're doing it!

Towards the latter part of the time I owned this apartment complex I transitioned from resident managed to a PM company.

The move from Sterling/Equity over went smoothly.

I am looking at small 4-6 unit properties to get started and would like to transition into commercial properties in the future.

AOh OK, wish you a smooth, and a non-surprising closing.In regards the attorney, that's just fine because he can provide me guidance which is very important Hey whenever you're ready to come back [: WE'RE gonna have a pile full of deals waiting (implementing my dedication & effort).

Here are the numbers:Purchase price: $340KDownpayment: 20% (68K)Monthly mortgage payments (4.375% mortgage): $1358Taxes: $6,552 (yeah, life in the big city): $546/monthInsurance: $300/monthWater, trash and sewer: $300/month (can't be separated)Heat: $200/month (city gives you a smoothing plan to pay the same all year long)Rents: $4500/month (it is fully rented)It could keep going as is, but I think with a little rehab $15-$20K, I could get at least $5,000/month.

Orion Longman - I think Austin would require the least transition for you when compared to HI and CA, as far as lifestyle goes.