(I'm giving the tenant a good deal)So, at a $400 cash flow for the next year and possibly $500 when i get a new tenant in the near future.

Nat gas will be plentiful and cheap for the foreseeable future.

Hello bp I have been on the site for about a year I am wondering if there is a meet group in my area Rockford,illinois.I am a landlord now of one condo and I would like to flip a house in the near future.

I have no desire to build my portfolio around future headaches.Furthermore this seller isn't doing you any favors either. 20% down and 6.5% interest can be beat by most any lending institution if you have good credit, and this property runs a at a 1.20 or better DSCR.Add in the non conforming issues and this seller should be doing much better than he is with his terms.

Would be interested in a meetup if anything is happening in the future.

I currently work in the tech field and have finally came to a point in my life where I am Fiscally ready to start investing in my families future.

@Scott Hearne Scott...great tips and good info on the future...I have been reading the same.

You also could move one more time form the multi unit to a modest home that would rent well in the future then get that dream home.

I'm going to see how I might go about including this or something similar to it in our future negotiations.

Hope to see you at some of the REI Clubs in the near future!