Go ahead, stereotype me, I won't lie, 99% of my news comes from the internet and yes, I probably spend more time on social media than I should.

A good friend of mine has done this four times already and has 15 rents coming in now, lives in the 16th (though you can only claim residence in one, so be careful not to lie to the banks, they'll find out).That being said, there is a reason 25 percent down payment is required for outright investment properties, may not be a bad call to just keep hustling until you can flip your way up to that down payment or bring in a partner as you mentioned.

just saying the calculator doesn't lie

Maybe they're lying on the OM and being advertised as $950. 

The tax assessors in my county are generally pretty good at what they do. 

@Daniel DiCosimoWhat does the city tax assessor value the house at ?

I have tried looking at the assessors pages, but they give tax history, who owns the property, etc, but not previous sales information.  

Your best bet is to contact the specific town engineers, assessors office, or zoning office (could be any of those depending on the municipality) of the town a property is in and ask them if what you are looking to do is possible and what the process would be for doing so. 

Most of us don't have the capital lying around that it takes for down payments for multiple investment properties. 

Hello, I wanted to get some advice on a potential legal situation,I recently purchased a property where we were told that the tenants had been paying the water bill. We come to find out they had never been paying the ...