At 2% Net Cap Rate - to make 100K a year - the property has to be ~5MM.And I'll need 25% of that as down payment - 1.25MMThat's not easy for me - nor very fruitful.So, I wonder whats the point of this.In contrast - if you look at flipping houses from a foreclosure - its not uncommon to see routine gains like 50K on a 500K asset.

I'm assuming you're looking at multi family assets.

There are people like you with savings and people like me, with only assets, no savings.Our options, as I see them are...

Fort Wayne investors, I am looking for a CPA and/or Financial Planner in our area who understands real estate investors and can help me strategize my taxes and plan for early retirement.  

Those aren't exactly something the Consumer Financial Protection Bureau has made optional...My BS detector is starting to activate.

@Tom Pignatello  My experience has been to at least send over the application and your financials first to see if the lender is interested in working with you.

From what I understand the home would be in my name and offer very little assets protection.

I never got financials that I trust, so I have no idea what their expenses were.  

Condos, in general, are dependent on the financial stability of all of the owners.  

@Tony Silvas I think part of the problem is that you are looking at this purely from a financial point of view and not the emotional part.