That's how I've met some great folks that have been extremely helpful.

Hi Keesha,This is my passion.When I was younger I was lucky to be able to shadow at different times, 3 extremely smart, extremely successful men in their weekly dealings because they too had the same passion for this business that I do. 1 high rise commercial, 1 strip mall commercial,  and 1 large multi-family. 

Honestly being that he said he was leaving anyways I figured why pay for a eviction.

Honestly if the exact $ for these items are going to make or break a deal, pass. 

Hello BP,I’m trying extremely hard to get creative enough to make a deal work for seller and their family here in San Diego (lead came from hand written cards FYI).

Did you know that the murder rate in Cancun is lower than that in NYC or LA and that the murder rate for visitors is extremely low (hence the tourism has been growing by leaps and bounds over there).

To be honest, I'm looking for the story of "Joe Shmo" the construction worker, making $50k a year starting with less than that, and building up capital with SFR and after years of hard work and patience was able to purchase his first multi-family property.

They all seem to be of the mind that building from scratch is extremely expensive and will take a long time to recover your investment.

From what you describe, assuming that existing rental income is honestly reported on your tax returns, you should be able to count both rental income from the existing property, and projected rental income from the other units in what you are buying, assuming a local REI-friendly lender with minimal/no overlays (those are the reason why you see conflicting stuff online). 

Areas that are closer to NYC get great rents but are extremely expensive to buy in.