I don't see the details spelled out.I am self employed. 

Still in the early stages of conversation but got some beginning information and wanted to see if this was worth pursing:Asking Price: $550,000 (I already assumed that was too high, trying to figure out a reasonable price to offer)Income: $4000 a month (believe there is potential for rent increase (waiting on specifics of each unit))Expenses: $900 a month (Water, Garbage, Taxes, Insurance, Maintenance, Pest, & Septic) Self- ManagedNOI: $3100 a monthCap Rate: 8.72%Stable TenantsDoesn't need major workGood Area, Decent SchoolsQuestions:1) What is a fair win-win offer?

hey Karen what company did you speak to already and which development are you looking at?

I'm aware of all the good development the new casino's, Stockton, the tech company the Tenseness ave re development, the supposed re development of ducktown etc etc but there is no factual comps to support a real estate boom higher then 10%, overall home sales in the country are still down and there has not been much of a kick up in sales in Atlantic county. 

I was very intrigue last year when the Opportunity Zone Funds was being develop, even participated in Webinar call-ins as state started listing potential locations for OZ Funds, this moved fast, but the Capital Gains requirement left me out of investing. 

Land Trust, Living Trust, Revocable, Irrevocable, Foreign Trusts, etc etc, the general basic of it is using a self serving spend thrift trust with asset protection provisions in the trust.

We have enjoyed listening to the podcasts, and consequently developed a niche finding distressed sellers in Cleveland, Oh. 

I am very interested in real estate and plan to become a full-time real estate investor/developer when I graduate school.

Given that I will be considered self-employed and will initially not have income (or at least not income that is steady or predictable), I will be having my parents co-sign the FHA loan to fulfill the income requirements.I clearly have sufficient capital to not only fund a 3.5% down investment, but to also make the subsequent mortgage payments.

Lender look for income and make sure that will continue doesn't matter if its coming from  self-employed or salaried  job.