Based on all the listings and showings I've seen that are "close" to what we would want, are currently out of our price range in terms of month to month affordability (comfortably anyway).Trying to decide if it makes sense to pickup 3rd property to be rental property prospective numbers on a specific listing I am back and forth on... which are as follows:List price: $399,000I would offer: $370,000 based on a walkthrough I did... needs new roof ($6000), everything is outdated (floors and doors), the property is a mess (outside is uncut/overgrown/weeds everywhere), Garage ceiling has mold and water damages inside...will need new blown in insulation etcI'd go 10% down: $37,000Closing costs estimate $9500 (approx 2.5%)immediate repairs/renos: $25,000 (I will roll this into the mortgage)Capital Req: $47,000Anticipated Mortgage: 3.2% 5 year fixed, 25 year amortization: Cost/mo approx $1650Taxes, Maintenance, Insurance: $675My monthly expenses would be approx total: $2275I expect $450/room + utilities on tenant x 6 rooms = $2700Net: $425/moI cannot afford the $47,000 up front capital so I'd either have to partner with someone/others (50% or 33% or 25%)Does this CF seem too low for the investment...

I have been reaching out to investors in my local network in order to gather equity for doing an Apartment syndication deal but it has been slow going.  Therefore I was wondering if it would make sense to sell-out som...

What costs are you rolling into the funding so you're not out of pocket?

So the real question I have is where the hell do I start to get the ball rolling?

I’ve done some flips in the past, and acquired my first rental this past January and want to keep the ball rolling.

@Sara Blouin you need to read and understand the lease, since it's usually specified in the lease.But generally, a year long lease has a provision to roll over to month-to-month under the same terms, at which point you can terminate under that route (at least 30 days notice etc. as for any other month-to-month lease).The lease may specify that either party needs to give notice of non-renewal, or that it automatically rolls over to another 1 year lease.

Are they able to speak to Realtors and Insurance agents and title attorneys with conviction or will they get rolled over when they need answers and they're getting stonewalled?  

Rolled in all closing costs, except appraisal.

My husband and I want to begin flipping homes. I'm trying to figure out the best way for us to get funded and while I have some ideas, I would love some input as we are new to this. 
Option 1- Hard Money Loan-My firs...

The numbers below make a few assumptions and roll most of the advice you see above in as well.