Once you are satisfied that you have a solid understanding of the financials make an offer at one or 2% above your local cap rate with all of the typical contingencies.Hope it works out for you!

It makes the financial obligation of moving into a new unit seem less burdensome. 

Our biggest hurdle is the financing aspect of it and we both know a couple of people locally who may be able to help, BUT we are wanting to start learning as much as possible to turning this idea into a future career as we both like the idea of employment independence as well as financial independence.

One to consider would be Seniors with 20+ year ownership and low Financial Stability Scores (FSS)This group are often ready to downsize or transition to assistance.

Our biggest hurdle is the financing aspect of it and we both know a couple of people locally who may be able to help, BUT we are wanting to start learning as much as possible to turning this idea into a future career as we both like the idea of employment independence as well as financial independence.

I'm looking at buy and hold for long term financial freedom.  

Take care of your bills and your credit will improve.Dave Ramsey's "Total Money Makeover" is a great book for starting to get your financial house in order. 

I'm a senior at Princeton University, and I'm passionate about financial independence through real estate, and about paying forward to others, the many blessings that I enjoy.

Based on his financial situation, he should be sure to set aside approximately 50% of the monthly income and build a reserve and I would recommend he cash-flow an additional $100 or more on top of that as a buffer.Jackie Bee makes over $100,000 a year, has almost no debt, and maintains a savings account with three months of income for emergencies.

I am looking for a job that requires less hours and energy so I can spend more time analyzing and pursuing deals until eventually I reach financial freedom (let's call it passive 10k a month) and can quit my day job to further expand my real estate business.