I just think it is difficult using a Realtor when you are putting in tons of lower offers.

She is bound and determined to stay in her home and willing to explore creative solutions.I've run some numbers using a purchase price of 130k and a sale price of 260k.

Also, the seller listed management under expenses, and I won't be using a property manager so that should lower the expenses.

I'd consider using a hard money loan to leverage your out of pocket capital per deal to get more than 2.

I've been trying to perfect a technique of using a web cam attached to my lap top.

Not sure what she is referring to with the "pass thru closing" however, I am assuming the closing using a trust and that banks will not accept that.

@Arnie Guidathere is an episode on the Podcast that talks about someone using a company to split the water bill for each unit on their multi.

I would recommend using a Land Trust to hold the properties and possibly an LLC to manage or just a simple DBA when getting started.

If you're using a smaller portfolio lender you'll have to ask them what their guidelines are.

Running your numbers using a rental rate of $1,600, a $75k down payment,, using the 50% rule and estimating a 30 year mortgage at the remainder with an interest rate of 4.5%, the property will put $224 per month in your pocket in profit.