Hi all, I've successfully completed a couple fix/flip projects to generate some cash I'd like to put towards a quality multi-family.  The inventory is very low for multi-family in my market but rents are good and in h...

I'm interested in learning more about REI and potentially growing my portfolio.

The few hundred a month (potentially) will be eaten up with one missed payment and/or problem.  

Just make sure they specialize in tax and have significant experience dealing with real estate investors.Here is a great list of questions to ask a potential accountant:http://www.biggerpockets.com/forums/51/topics/7044...Also check out the www.NAEA.org page in your search.

My point about focusing on B/B+ properties for the optimal combo of flow and potential appreciation still stands.

Ideally the rent covers the mortgage so you're gaining equity and potentially living for free.

So I would be looking for a potential business partner as well as an assistant/student so they would need to have some assets to use.

Can't close potential deals? 

I'm still in the learning process I've been in contact with a potential mentor his name is Pat Cleary any feedback back would be appreciated

Acquisition price (Including potential closing costs)+ full rehab price = Total cost basisGross yearly rents- 15% for R&M - Actual yearly taxes- Estimated insurance costs- 5% VacancyGross rents less those expenses, divided by acquisition price = My cash ROICash ROI - mortgage costs = Cashflow