So what I am asking for is if you were looking for a mentee or interviewing one, what would you look for and what type of questions would you ask to see if this guy is serious and knows the concept behind Real Estate deals and a certain niche he decides to attack. 

I have used the BP calculator and a very conservative estimate of income andcosts still shows cash flow.

The one thing I see routinely across "young" investors is they don't have a concrete plan founded on fundamental concepts...there are 1,000 ways to make money in this industry...and a variation of each of those.One piece of advice would be to learn OKR's...build this into the framework of your business...there is a learning curve, but you guys will pick up fast.Best of luck! 

No cell phones, no texts, no online portals and rent payments, no electronic signatures, some email, newspaper ads and a lot of door knocking (I can almost feel some of you more seasoned PM vets nodding out there). 

The Lift The Ban group has paraded folks who've lost their rentals due to health issues, old folks who couldn't afford their rent in "their" neighborhood anymore, and a whole crowd of people in similar situations and things that have nothing to do with the cost of rent across the market.

And a lot of the properties were townhouse and condos which seem to be a big thing in the area of Miami I am looking at.

After I pre-screened, Only 5 of them have actually showed up for a showing, and a few filled out the online application that I had to kindly decline.I would think the price is right.

That means a separate bank account for each series property and a separate set of books. 

for example can we agree today on 450k and a sale date no later than 4 years from today at 450k 

It is surrounded by a cabinet shop on the left side, a couple commercial buildings in the back alley that are used primarily as storage for various businesses and a bar on the right side.