Hi @Ryan Fisher, I'd be curious how closing costs on a $460k property are $3,000, and how there are $0 in repair costs on a 4-plex (with what I'm guessing are varying degrees of tenant quality).The seller likely views it as "great cash-on-cash return" because they bought it in 2011 for $175,000: When they say "great cash-on-cash return", they're probably referring to their own ROI, i.e. how much they're earning compared to how much they invested back in 2011.  

That all wouldn't have happened without the letter.. sooooo thanks BP)Heres my story - I was a paramedic for 15 years - very successful career - but cannot do shift work anymore and the stress is getting to me.

But consider it an investment in the future - with this deal under your belt, the cashflow you'll earn, any equity you keep,and the connections you make will all be worth more than any one deal will give you.That being said, try to keep as much as possible.

I was able to say hello and thank you to people that have had such a positive impact in my real estate investing career.

Can also do a earn out or hold back with funds in escrow...

You’re taking the right steps investigating your options and getting your license...let me know if you’d like to chat about lessons learned transitioning from one career into real estate!

This was an early deal in my investment career.

Meaning students are required to live in college providing housing for their entire college career. 

Does anyone have experience with their parents retiring from long careers in the workforce then investing in real estate?

So many students graduate with degrees only to struggle their first 2-3 years in the real world in their career.