Eligibility requirements: 1) 90 Days wartime service. 2)  181 days of continuous peacetime service. 3) Discharged from service without dishonorable conditions. 4) Six years service as a reservist or National Guard member. 5) Spouse of a Veteran who was/is KIA/MIA/POW.Entitlement: 100% of the appraised value.

From speaking with another (actual) investor, I learned that this group operated heavily in the Stockton and Sacramento area.Bottom line: if you come across someone who tells you that you have to pay to learn from them, I would suggest to continue looking - it is possible that you may learn something from the "education," but, in higher likelihood, you'd only end up deeper in debt, or worse, in a bad RE deal that they could not find anyone else to sell to.There are plenty of honest people still around, many are successful and some of those have blogs and podcasts that you can learn from for free (although, they still seem to have something to sell you, but it is a fair trade off.)

The $1,000 is maybe your net operating income but *not* your cash-flow.4.)

@Michael PlanteI personally believe that while being a landlord is not what you want to do, it is the best method to go about doing business, even if you continue buying properties cash.I would have told my father to be a landlord.

He or she will be notified of being tagged so that the conversation will continue.

We are looking for value add properties of this size, and will continue to pursue them.

Sense Richardson submarket is gentrifying and clearly a better place than in 2008, it gives you more comfort that you will be able to manage through a downturn.If you are looking at a syndication deal, the experienced operators should provide a sensitivity analysis to rent, occupancy and interest rates if they are using a variable rate model.  

The advantage was clearly speed and that I was able to jump on a wholesale property that has continued to cash flow great for being our first rental.  

Would i be able to continue to invest in cheaper apartments if i still have over 600k left to pay off on my 4-plex?

The deal was very successful and inspired me to continue to take things to the next level.