I should clarify that this is the first non-residential/multi-family project that my partner and I have taken on, so it's possible the inexperience is making me want to consider the offer.

Most of the people looking for 'acquisition models' on these boards are small-timers if not no-timers who think that there is some Excel magic that can guide them through their inexperience, a 'plug and chug' model.

Normally a KP brings in experience, net worth, and liquidity, then i'd say ~10%

You are 19, and there are some people who will try to take advantage of you (take your money), so be careful and only partner with someone you trust.At 19 partnering might be hard, you are young, and inexperienced, hard but not impossible.Maybe you can earn and learn with sweat equity working with a partner who knows the ropes, doing remods, roofing, painting, cabnet installs, as well as learning the financial end of things...Don't work for free, your labor is valuable and Abraham Lincoln freed the slaves, get a percent of the property ownership for your efforts.And beware of those who will swindle you based on your age and inexperience--every smiling face is not your friend.Good Luck!

The analysis required is different and much more complex; the passive investors attracted to these deals are much more sophisticated and experienced; the lenders are much more demanding in experience requirements, sophistication of business plan and scrutiny of the property.

Up until this point, I had assumed I'd just go ahead and deal with the listing agent directly... but better thoughts prevailed, and due to my inexperience I think I'll be more comfortable getting my own buyer's agent.Does anyone have any recommendations for the Baltimore area?

@Bryan Devitt Hi Bryan, due to my inexperience, I may be misunderstanding, but are you saying that if you were to hire an outside worker to complete a kitchen remodel, you don't ask them to complete any tax paperwork on the front end?

Ali,totally agree with you 100% TK offers lots of built in experience that you simply cannot get anywhere else let alone with any other type of investment vehicle.

The reason I chose TK was to help bridge the gap of my inexperience in the market, thus providing me with the best property, best tenants, etc.

Hey @Andrew Postell I was able to purchase property through standard Loan with an A lender.When applying for the mortgage, I was all over the place, I mentioned to my broker I would need a mortgage+reno product, she advised me should not be an issue..Due to my inexperience and negligence closed on the property with just a standard loan.