Well, I don't know how many deals you guys are getting, but after 5 months, several hundred underwritten deals, and several best and finals, we finally are under contract on a 98 unit value add.What it took:- $100,000 EMD- No Finance Contingency- $50,000 Good Faith to lender- $15,000 to attorneys for the PPMBig shout-out to my partner, @Sam Grooms.Now we just need to close...

Amanda HanBrandon HallTax Reform Update – Brandon Hall and Amanda Han Linda Weygant GuidesUltimate Beginners Guide Forum StickiesBP Calculators or spreadsheets uploaded by membersMy Favorite Books I have to say all of the BP books…right?

@Alexander NasonWelcome to bp, the podcasts and books are an excellent place to learn! 

Finally, are their other units close by that may be possible for you to pursue in the near future?

Just last week I read Rich Dad Poor Dad and every day since I have been downloading books and reading as much as possible.

As a side note, I read the book by one of the founders of Zillow about how they update their databases every night and then I checked the value of my wife's house on Zillow and it was way off so I do not trust them anymore.

My point, that I was hoping to make much more succinctly, that while it's lamentable so many people fell into this trap, it's really fortunate that the news is finally coming out. 

I am not saying that you should not listen to RE agents , but keep in mind that most of them needs to sell at the end of the dayAnother place to visit is the local REI club, tons of useful information and real insights if the marketLast - educate your self as much as possible regarding tenant - landlords rules and regulations for the specific city, try to learn about city cose violations etc... this way you will not be surprised down the road.I also like to recommend BP book by David Greene "long distance investing" it is very useful resource and should prepare you well for ling distance investing.Last - Good luck !!!

I went back and forth with their VP of Sales about how I paid them to level the home, but they didn't do it, so after some disgruntled emails back and forth (i even tell him that I fear we will not be able to sell the home one day because of it), we finally agreed on $500 for them to come back out and put 2 more piers into the middle of the home.

Have been reading the forums and books and learning about the various tyeps of investing.