Pretty much anything east of Illinois route 157 is a good move.

This route might be riskier, but if you have a good PM they should be able to help you evict the tenant.Depending on your purchase agreement, it might be too late to go back and negotiate, but this situation has definitely changed your numbers a little bit.

I have given up with mailings, and I am spending less and less time cold calling because most numbers I find for decision makers are not correct. 

@Tim Bartel any cat or dog over the age of 1 year is considered an adult and at that point several behavioral problems have been corrected and they should largely be up to date with pet vaccinations.

For those reasons and a couple more, two units can be a bear to get to cashflow correctly.

Once you get a good team in place, especially a property manager, you'll feel much better about going into the next deal with investor money (if that's the route you want to go).

If the pro-forma spreadsheet is correct the coworker would be nuts to sell it.But, to be blunt, if your uncle owns 40 doors and they are these $25K per door duplexes he’s going to know 100 times more than me.

If you go the in-class route for the continuing education as well, then since the school itself administers the test, the instructor literally gave us exactly what we needed to know since he was the one who made the test.

If they just wanted to relieve themselves of the management they could pay a PM 10% of the gross rents for $380/month and come out way ahead.There are a couple routes that I personally would go which is either buy it outright and negotiate a better price, have the seller participate in the financing by wrapping the original note (uphill battle but could work) and giving an all inclusive Trust Deed to the seller, or go the MLO route at the price they want with a 10 year window with option consideration enough to cover the agent’s commission.

I feel like i might have a diamond in the rough here, i just gotta run the numbers correctly.