My initial idea to get started and get some experience is to save up and buy SFR's.

Here's my situation:I have been working with a commercial broker for the last two years to find a good MFP, found it, got my offer accepted at 1,365,000.I have a good relationship with a bank, have the lending commitment, have a good relationship with PM, have their commitment to manage the property.Downpayment will be 275,000 and I had initially planned on doing this myself, but now thinking about partnering with one other person.

Search for REIT investments, for example, the prospectus or at least general project information, principals, officers/directors, syndicators, projections will generally be public, you're looking at it as the initial presentation made for investors.

Your best bet is to try to get all the financial information you can get evaluate the actual numbers (plus come up with a pro-forma of your own), and make an offer based on the cap-rate of the actual numbers.

Your best bet might be to see the house and make the offer there, so you can negotiate properly (without highlighting TOO much the deficiencies of the property) with the owner.

I thenposted 3 day notice on door and was overnighted the rent money order, with a note saying starting feb 1st, rent will be paid with personal check not money order, as I ahd verbally requested initially, but did not put in lease .Should i take the check, even if it is on time?

My initial thinking is to buy (and potentially fix up) 1-2 properties before heading to school, that way by the time I graduate I'll have paid off the mortgage enough to take a HELOC and invest in a new property, potentially a commercial one.Any feedback or tips are always appreciated.

In my case I usually make it known it's me a single end buyer and it's cash.I do understanding the annoyance of having people visit every unit to kick tires.However, if the inspection - and here I don't even mean the actual structural mechanical inspection, I mean taking a look, an initial 10 minute look inside is not offered, and I have to basically make an offer blind, how would you calculate the offer number without having any clue whether it's gold plated inside or all rotted out?

I would keep them though cause you're going to have another furnace go up and it's good to have them on hand to loan out.I'm betting its something simple to fix like a thermocouple or an igniter.

I'll bet no other landlord has done that for them before.