I may want to work with investors or do something else one day, but not right now.

I will also get a 5% managing fee on the net income, which i can defer to a management company at any time.All of us are going to be puting money into the deal as well and are going to have to raise around 275k from investors.Should I ask for more anywhere else?

I’ve looked at it 10 ways, and I can’t see where I’m missing anything.My realtor sent me a canceled listing and told me that the owners had wanted 300k for it, but now would take 250k for it because they are wanting to invest in something else.

If you want to prevent them from selling to someone else, you could file a lawsuit in the county where the property is located and immediately record a notice of pending litigation (lis pendens) with the county clerk.

I think you have to find someone else - sounds like you are at a firm where the partner isn’t properly overseeing your account.

So no equity from day 1.see what else:$3500- $4000 closing cost (typical)$1000 first month rent for finding tenant 10% PM fee15% surcharge on any maintenance feeLet's say property has $200 cash flow..you will pocket $2400 at the end of year. 

So one after another, each property gets snatched up by someone else. 

I pretty much agree with everyone else.

I wouldn't trust anyone else, especially an agent, to tell me if the property is a good deal or not.

Bucket with canvas tool holder liner w/ compartments for hand toolsTape measurePhone: for photo's of measurements of or any type of object weather a plumbing part or screw. and to use  as last resort to call someone else to help :)