Challenge: Seller not negotiating even after inspection report showed areas needing immediate attention (for safety reasons) Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

They will do 1-4 Family Investment loans with 30 year 5/1 ARM. 

I went under contract a month ago and began my search (armed with BP advice) on the questions to ask to find a great manager. 

What would be a good capitalization range.I assume there must be some rule of thumb like [Purchase Price] * [%Down] + [Closing Costs] + [Some Safety Net] = RequiredCapital before purchaseIs there any advice out there for a newbie who fears jumping into a deal undercapitalized and being ruined by the first big expense while also trying to get into the game ASAP?

Notwithstanding, we as investors must put in place several important safety clauses to protect our interests.

Simple things like inspecting properties regularly for safety hazards.

Even if you waited until it is seasoned it represents a non arms length transaction.

Hi, I’m looking to invest in Kansas City, MO, and started calling the local banks, the first few I called have 3-5 year fixed rates then convert to arms.

You can get a loan that works from a broker that specializes in loans between banks and hard money; no income verification, about 75% loan to value (maybe 80) and a rate in the mid-7's on a 5 year ARM. 

However, I also don't carry debt except for my personal home and investments, I don't live paycheck-to-paycheck, and my properties are cash-flowing well enough that I could divert all income to handle the problem.The point is, you have to sit down and assess your position personally and with your investments and determine what kind of safety net you need.