@Danny Webber sorry for the late response-  I am moving in a couple of days and packing doesn't seem to end :) $200,000 is reasonable...  

After 12 to 24 months, these new residents will be looking to buy, and that is the point at which the mid-range housing market will feel the most pressure.For real estate investors, this news means that it might not be a bad idea to invest in multi-family units, as well as holding onto any fix and flip homes as rentals for a couple of years to see what happens to the prices in their investment neighborhood.

New RE investors frequently try to save a couple hundred bucks by 'doing it themselves', and it ends up costing them thousands in taxes that could have been avoided.Best of Luck with Your Real Estate Investments!

I'm going to cold call 100+ landlords in the area and organize an informal meet-up at the local tavern so I can meet a couple dozen landlords and let them know I'm looking to buy some multifamily properties..The downside of this idea is having to syndicate the money between what I can put down and what the local bank will finance.

Could be a bit lower or higher then that now as I locked a couple months ago

The couple rules of thumb that have bothered me are vacancy and property management (PM).The vacancy rule of thumb is 1 month of vacancy per year.

Hey BP Family,I’m looking at a couple of duplexes on Mercer Univerisity Drive in Macon, GA about 1 mile away from Mercer University.

I am self-employed, so I was hoping to get a No Income Verification style loan (at least that's what it was called last time), where they look at your bank statements to make sure you have enough coming in to cover the mortgage, taxes, insurance, etc..Basic stat's are as follows:-Income roughly $5,300/mth in deposits (minimum)-No car loans-Current townhouse has been paid off for a few years-Have a couple commercial properties (one in my personal name ($300k ARV) - just purchased in June 2018, the other one ($300k ARV) owned in a corporate name for 3 years).

He’s using a FHA loan so I know there’s a couple more hoops to jump through but do I just start with a purchase agreement?

I have only worked with them as a seller thus far, but there are a couple of threads here on BP about buyers that have worked with them, so do a search and you will get some insight to what you are looking for.