Though in my opinion, that would be a ridiculous thing for you to do.As for your first question, it sounds like you're saying that these wholesalers are asking for you to pay $5000 upfront just to start bringing you properties.Don't do it!!!

If the owner wants 50k down, i would make him a ridiculous offer as a starting position.I would look closely at the tenants by driving by at night and talking to one or two tenants as a prospective tenant.Personally, the downpayment is too high.

I am originally from Connecticut so I know cost of living up there is ridiculous!!!!

She said yes they are ridiculous.  

Hey Alex,I live in Fort Myers and the prices here are pretty ridiculous right now.

Is it completely ridiculous to consider buying something like this?  

I am tired of paying a ridiculous amount of rent every month and ideally would like to use the Multifamily to be able to live for free. 

@Jacques Cyr that seems a ridiculously high quote to me.

The long-held rumors are that affordable housing is scarce, occupancy is very high and the units that are renting are basically slums... holes in the floors, landlords that don’t care because they are getting ridiculously high rents because there is no competition.

Your issues with the law is ridiculous.