I have a basic, broad knowledge base; I have been a BP member for a long while and have listened to most of the podcasts and have read a number of the books.

My name is Colin and I’m from pa, I am brand new to investing in rental properties and I’m in need of some basic information on what the steps are to buy a property to rent out.

@Jaysen Medhurst Unfortunately basically zero chance I can sell these properties, before buying the other. 

Why are people generally not ok with “feeding” a rental property with negative cash flow, when they basically do this every day with standard retirement accounts?

I am basically just asking for advice on moving forward and I know there are great people on here with a lot of experience.

Some basic tips can keep you on the profitable path.

My partner and I are in negotiation for a 6-unit property in NE Ohio, below are details: 4 rented, 2 vacant / average rent $735 (4 rented units $720, 2 vacant $775)Owner pays water, sewer, trash2 br, 1.5 bath, roughly 900 sfGarage with door + extra parking areaRoof in good shape, air and furnace in good shapeRealistic gross all units filled: monthly $4,400 / yearly $53,000We walked through both vacant units, very clean and basic.

hi Brittany so my opinion is find a group of people that you have connections with that have homes and are interested in selling them and probably your personal connections to these people is probably what you should think about when looking for deals and then get them under contract and basically promote them to your network of figure practice or whatever investor networks that you have and they’ll be investors that are looking to buy pretty much every property that’s out there and it doesn’t take much to market them.

Hubspot Basic is $0 and checks all the basic boxes, including ability to export database so you aren't locked into them. 

Basically Anywhere that offers poor cash flow is going to be a hot market