Personally, I want my fellow investor clients to succeed as well.

fudging write-offs or collecting income under the table comes to bite you in the a@@ when it comes to financing whether that is personal or business.

@Dominique Guinnane From my personal perspective as a seller I don't care if the offer is below asking or near asking with a seller paid buydown.

I've been very cautious around advising this strategy until I see that the investor has the personal financial position to manage that type of investment.

Before buying, do an analysis of the market that lets you in on its dynamics, link the type of property that matches your set goals and is in line with the risk you can take, survey the possible financial options open for borrowing money, and finally analyze the cash flow of this business before engaging professionals in managing this apartment complex.Conduct thorough checks on possible properties, covering in-person checks, money checks, checking leases, comparing market prices, checking rents, assessing the condition of the property, and looking over legal contracts.

I'm leaning towards Philadelphia because I personally find the area more interesting, and it seems like a more international city. 

this would let you go to REIA meetings and network, look at properties in person, drive neighborhoods, meet locals, and build a network.with interest rates and prices high, investing right now is taking extra work, creativity, or both. 

You can edit and personalize the books as much as you like, then print the book at Staples or another similar store.

Could you hold a 2, 3 or 4-plex in an LLC, live in one and still sell the entire building as a personal property sale after 24 months (no cap gains tax)?

Also, since you rely on this income, you likely aren't prepared to weather VERY negative situations such that they could have a significant personal impact on your own personal financial situation. 3.