If you did your due diligence, then it should work out well.

@Steven Gillmer Really wish I was able to make that, I have a very busy work schedule where I work out of town for 2 weeks and I'm back home for 5 days. 

I read real estate books, BP forums and listened to countless podcasts whenever I drive, eat, or workout.

Use this practice to work out your “script” and test different things to see what gives you the most positive responses and write down the things that work the best and use those in the future.

Usually aging landlords of multi-family properties (2 to 4 units) are pretty responsive, and a lot of times I have found out that they are willing to finance for short term or work out other creative financing.I suggest that you pace yourself when buying multi-family. 3-4 properties the first year, until you get the right team in place and also build up your cash resources.Initially I purchased 16 multi-families in 18 months (back in 1991-92,) but it was stressful and not having the right workers and management in place, we had to do a lot ourselves, and my husband being in the Army ... it wasn't easy.Recommendations and word of mouth are your best resources for contractors, etc.

Hey Vionet, I actually know of a service that can help you out with this if you and they're pretty cheap for someone trying to self manage their portfolio.Alternatively, you can always look to sources like thumbtack or home advisor to check around the area, but that might not always work out if they don't have contractors in the area.

He is saying that he will involve his insurance company or if we could work out a deal and I can pay him five grand.

But I am open to other areas as long as the type of property and numbers work out.

I get comps from my agent and work out my repair estimate.

Today my focus is on studying real estate investing, networking, and taking my investing game to the next level by BRRRR'ing some properties in San Francisco this year.In my free time I love to surf, work out, read, ride my motorcycle, snowboard, and play xbox with my friends (yeah I'm a nerd like that).