I currently live in Costa Rica and would like to speak with anyone who wants to simply talk about this beautiful country!

Now Mike, can you elaborate on what "Operating" expenses you are speaking of?

If you are straight with the Home Owner, show him the numbers, and have him "share in the negative" by contributing a few hundred a month to the neg cash flow deal, then the Home Owner can win by having 80 - 90% of the cash flow paid for.

I did not get the just when you said the property is upside down due to PMI.Do you mean negative cash flow.

.$70,860/12 months = $5905.00 NOI per month$760,000 @ 9% for 30 yrs = $6,115.13 monthly mortage paymentFor a NEGATIVE cash flow of $210.13 per month.So, shooting for $100 cashflow per unit, I would need to purchase at around $435,000.I pulled the 9% interest rate + 30 year term out of the air, so any corrections on the reality of such a mortgage are appreciated.Do my calculations look right?

I can not speak as to whether or not some companies allow new employees to be part of the investment process.

You should speak with some lenders and brokers and find out what programs and terms they have.

Part of these are return of the initial investment (principle) and part are the actual returns (interest, so to speak.)One of them is an agent, and so collects part of the commission on both the purchase and the eventual sale.The plan is to operate this property for five years, then consider alternatives.

I was trying to point out that all other factors being equal, you would ONLY buy properties with the lowest GRM.I'd also point out that there is a threshold for GRM, and above that you WILL be cash flow negative.

For instance, someone could have only $50 monthly cash flow, or even negative and in 5 years sell for $50,000 profit.