Investment Info:Single-family residence buy & hold investment.

We are a few friends with special needs kids, who want to book and buy houses adjacent to each other.

Will you be able to continue buying 3 houses a year with your w-2 salary?

As we're running out of personal capital to continue acquiring with, we're exploring a structure where we give investors an 11% preferred return that we buy them out of in 7 years.

When looking for a PM, consider these criteria:1) the experience and credentials of the broker who supervises the company as well as the lead property manager2) the services they offer and how they line up with your needs and expectations3) the use of technology to make their job and yours easier 4) if they have a landlord-tenant attorney on retainer to help guide them on legal issues (not to mention the creation of lease agreement, landlord forms and notices, etc.)5) their process and policy for a) listing, b) application, c) tenant selection, d) routine inspections, e) maintenance services, f) property and tenancy update reports to you, g) lease enforcement policy, and f) move-out process.6) property owner reviews (caution: you can't always rely on Google reviews, because they may not reflect actual quality of the company, but still) 7) beneficial programs for both owner and tenant 8) a property management agreement that would indicate they know what they're doing and have the experience to know what matters in a PMA.

I am trying to buy a town home and hold it for 10 years if possible, given that there is rental demand .Any thoughts about the same. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

You are paying the price to use someone else's money to buy a house.

No points, not sure if it's worth buying down since rates may fall?

Say I buy an occupied duplex, do I have to honor their current lease?