I plan on attending clubs in Walnut Creek and San Ramon this next week.

If its total, this is a really bad deal:$1325/month gross rent$662/month expenses (50% rule, search forums for numerous posts)$663/month net operating income$918/month loan payment$255/month lossIf its $1325 per unit, then the picture is dramatically better.The owner has a LOT more expenses than tax and insurance.

In fact, I will be attending his anti-real estate seminar this November, the "Palm Beach Experience," where I will meet and interact with such great people like Robyn Thompson, Jim Toner, David Dweck, Sharon & Juan Restrepo, Sherman Ragland, Mark Evans, Doug Doebler, Curtis Brooks, Bruce Ridings, Ramon Williamson, Mike Litman, Yanik Silver, and Kendra Todd (just to name a few).If you have any questions that you want me to pass on, let me know, and I'll ask, then post the answers back here!

In addition to all the great suggestions, you could attend and even get a booth at some large RE investing events to market the property.

Have you attended any of the local meetings in the area?

Now im going to be attending school in Orlando.

See if there is a local REIA in the area and check with investors and lawyers who attend the meetings.

There's an auction Dec 3 that I am interested in attending - need to go just to observe & learn - but there are a couple of properties that my husband & I are interested in.Just want to make sure I know everything before I get there.

If you've been reading here a while, you must have ran across the numerous "do expenses really equal 50% of gross rent" discussions, so I won't rehash here.I would advise you to look at your calculation assuming expenses are 50% of rent and see how much you have to put in.

I have been attending foreclosure auctions for the past 10 weeks (give or take) and have a feel for that part of the mkt.