We always want the potential reward to make sense for the associated risk.

I wanted to hop in here because the experience you're mentioning you had with Carrot isn't the experience the vast majority of our clients have... so I wanted to dive in and tackle this to see where we need to improve, see what went wrong during your process, and honestly take candid feedback where we can improve and continually get better.There's no other system out there that can show the results in this industry (as far as leads generated and SEO rankings held) that Carrot has helped our clients achieve... but along the way... there are bound to be hiccups and for every 1 person who didn't have a good experience we get another 100 that rate us a 9 or 10 (out of 10) on our satisfaction survey.

He developed an online course through Eric Thomas and Associates (who I am big fan of).

No downpayment, bank paid closing costs and even seller's title/survey costs, and I closed at 3% interest.

Although the property has been 93 to 95% occupancy, used a 12% vacancy in year 1 numbers and underwriting.Based on market data and rent surveys, 2% rent growth was a reasonable assumption.OE should be 50 to 55%, however in my underwriting I used 61% in year 1 projections to allow cushion.Yes, landlord pays water and sewer.

Attend your local real estate investing associations, get a mentor, feed yourself uplifting and inspiring content (i.e. read some of the books here, read management/entrepreneurial ones.  

@Troy Fisher  I forget about my vendors and other business associates.  

You'll still have costs associated with the closing and title transfer which you'll likely have to pay....unless your conworker REALLY likes you, haha.

This way she gets a break from other expenses that are associated with running her own apartment that she currently has and also helps you offset the cost on your expenses.

I’ve thought a lot about both approaches but the property I am thinking of fixing up is in the family and is technically not mine yet and aside from needing upgrades it has other problems associated with it.I am currently living in the property I've made some upgrades to the kitchen, bathroom, exterior and interior paint and I’m paying $500 rent that goes towards taxes.