I would love the opportunity and am not afraid of leg work/homework.In my perfect reality, I would hope these new connections and friendships can turn into a mentorship where not only will I benefit but you will too!

NO PM NO placement fee'  no nothing.. you can probably cut your 10k a year in half or better for a reality check .. but still a good 20% cash on cash.. and you did hit a very high rent to purchase price ratio on the one in MI.

It always helps to have a slap of reality when running my business.

Those were the decisions I made and now they are reality.

I am faced with the reality that im unlikely to be able to save enough to start investing before retirement .. i will be 30 years old this monthMy concerns are with the old building.

@Roy N.Yes, it has taken me some time to come to that reality.

@christopher brown,I started out learning about the ss hands on by, managing (3 units starting out) and  also involved with the development process in a ssf from the ground up, so based on my experience,a brand new ssf will need 1 to 2 years to fully stabilize.Proformas made by the brokers do not really mean anything because in all reality they cannot predict how fast the units will rent out.You do need to get know who/what your comp is as well as the market report for the households up to 5 miles. 

This is not the fault of PIP-Group, it's reality.

They're going to scrutinize why you make $175k and don't have much money (not meant to be mean, but reality when applying for loans).  

Tinley can be brutal for taxes-some 2 units have 9k + property taxes!