I Just finished up three 6 families in the 400k range.  

Repairs will cost in the range of $40,000. 

They helped my wife and I refinance out of Sallie Mae’s criminal interest rates in the 8-10% range down to the low 3% fixed range.

October/November range from 40-60%. 

This is your main objective for the first year and IF you're able to build the right relationships and you can show your commitment, you'll not have an issue with finding the money. 

Hi @Becky Marsh your biggest consideration is probably going to be price range.  

I used the rental calculator and put in the numbers and estimated for management and all, but the analysis showed the mortgage coming in the $600 range, which is over $300 less than what the mortgage should be.

You can rehab it relatively inexpensive and insurance/trash charges will be way lower. 10 units at lower price ranges are going to be balloon mortgages which can be risky if market cycle falls at refi time.

In the past I used to chase shiny objects and I always want to try something new, but I know the best thing to do when investing is to make a plan and stick to it.

Its the nicest I've seen so far and would not require any work to get going.List price is 635HOA $400Tax $5300Their typical rental ranges from 380-900.Sorry for the basic question but I am new to this and this would be investment property #1.I am not sure about these numbers but am I close?