For instance, I'm not a 25 year old on BP with my whole life in front of me to have renters pay off my mortgages.

The only thing I can think of is if the 4 unit property is not in the best condition or some other issue that the broker is placing it with a high risk market which would make sense to have the premium inflated to that amount. 

Personally, my favorites are...ABCs of Real Estate Investing by Ken McElroyWealth Can't Wait by David Osborn and Paul Morris (about SO much more than investing, about life and it's amazing. both have appeared on the podcast)and you can't go wrong with Brandon Turner's books.Best, Derek

Had a lot of life changes the last 4 months with marriage and then beginning real estate investment so I've slipped on goal planning.

I used cash for keys once to get rid of an obnoxious person who was making life miserable for the other tenants. 

It seems like these posts always lack in details so I will try to give the most information possible:Sale Price: $575k  Current rent: $6825 (this is topped out, no room to increase)Loan terms: 20% down, 20 year 5 year balloon  5.75% interestsManagement: 7%Insurance: $3200Maintenance/capex: $5000Taxes: $8900Vacancy: Using 5%Property is C class and in good condition (new furnances, roof, etc) No common areas.

Hi all,I currently rent, and am torn on what next steps should be.  I don't want to continue renting, but it also seems that in most places where I'd want to live, cashflow isn't really an option if I ever move out of...

I was thinking of serving an unconditional notice to vacate with HOA letters & prior violations attached - but, since Aug rent is paid, allow till Sept end to move out, provided he pays Sept rent and vacates on time, in move-in condition?   

Like VA, there are stipulations for condition of the house though, working windows, appliances, 2 years left on roof, etc.

As Rob K said, I hope you do not do that in real life.