Yes, i am looking for long term hold and rents, i dont have enough experience in rehabbing to do a flip yet, due to my physical limitations from my military days, i am striding to increase my passive income to a point i can comfortably live the rest of my life on.In regards to the %, i have no clue, i have gotten multiple comments to just go by the percentages.... with no additional details.

Additionally if there is anything amiss with CAM payback by tenants or questionable then a seller hold back for CAM usually 6 months is held for buyer.

In RI it's attorneys who handle the escrow/closing, rather than title companies.Usually in Rhode Island, if you're using an agent and the standard RIAR (RI Association of Realtors) purchase and sale forms, you wouldn't engage an attorney until your offer is accepted (which in RI is the same as getting a signed P&S back), unless you or the seller is putting something out of the ordinary in the P&S (usually in the additional provisions on the last page but there are a few other places extra language can be added).In that case you might want to bring in your attorney to double check the language you or (especially) the seller are proposing, just so you understand what you'd be committing to.I'm not sure what your connection is to Rhode Island but since your profile says you're in Maryland there are probably some differences between the two states when it comes to real estate.

With conventional buying, You can buy 2 deals and now need to make more money to buy additional deals.

Final approval will ultimately be up to the investor.There are other/additional factors as well.

-De'Andre WilliamsThe man bought a $40K car with additional debt while having $41K in consumer debt. 

., including private mortgage insurance payments in addition to the regular monthly principal/interest payment) and that you consider all the up-front costs.

@Jonathan Herron thank you for the help, I will Definitly be reaching out with Additional questions.

Lowes often puts their flooring on sale, so we saved that way + using a Lowes credit card to save an additional 5%.End results of how the flooring turned out in our unit can be seen in my profile.Best of luck with your reno!

In addition, we would also be interested in potentially partnering with a seasoned investor by providing the legwork on a rental.Thanks for your interest.