@Adam Enamorado how are you reaching out to those owners to ask them if they want to sell?

I will be reading all that I can and reaching out when the opportunity arises.

The units are small and $1250 might be hard to reach.

I will reach out to them both.

Reach out if you have any questions.

I would also factor in 10% for PM (just to be safe and conservative) PMI from the FHA loan would be between .85-1% of the loan value, paid monthly until you reach 20% equity in the property and refinance the loan. 

Being in project mgmt. you have probably have great time mgmt. skills which will help out a lot.Hope this helps and thanks for reaching out-You have a colleague request on its way, It would be great to have you as a local resource.Please feel free to reach out with any additional Q’s.

Hey everyone, I'm not sure if this is the right forum to do this in, but I've been turned down by most of the lenders I've reach out to.

I'll reach out to him.

I talked with him for about 30 minutes and he will be the first person I reach out to in the future.On a related note while talking with Charlie I learned that rental income is taxed the same whether or not the property is owned by an LLC, so there are benefits from a liability standpoint but not really a taxation standpoint in an LLC.