New RE investors frequently try to save a couple hundred bucks by 'doing it themselves', and it ends up costing them thousands in taxes that could have been avoided.Best of Luck with Your Real Estate Investments!

I'm going to cold call 100+ landlords in the area and organize an informal meet-up at the local tavern so I can meet a couple dozen landlords and let them know I'm looking to buy some multifamily properties..The downside of this idea is having to syndicate the money between what I can put down and what the local bank will finance.

Could be a bit lower or higher then that now as I locked a couple months ago

The couple rules of thumb that have bothered me are vacancy and property management (PM).The vacancy rule of thumb is 1 month of vacancy per year.

Hey BP Family,I’m looking at a couple of duplexes on Mercer Univerisity Drive in Macon, GA about 1 mile away from Mercer University.

I am self-employed, so I was hoping to get a No Income Verification style loan (at least that's what it was called last time), where they look at your bank statements to make sure you have enough coming in to cover the mortgage, taxes, insurance, etc..Basic stat's are as follows:-Income roughly $5,300/mth in deposits (minimum)-No car loans-Current townhouse has been paid off for a few years-Have a couple commercial properties (one in my personal name ($300k ARV) - just purchased in June 2018, the other one ($300k ARV) owned in a corporate name for 3 years).

He’s using a FHA loan so I know there’s a couple more hoops to jump through but do I just start with a purchase agreement?

I have only worked with them as a seller thus far, but there are a couple of threads here on BP about buyers that have worked with them, so do a search and you will get some insight to what you are looking for.

I have helped a couple people in BP with their purchases and would be happy to talk more with you about what you are looking for or just answer any questions about the process in general.

I have done a couple of deals, but this would be my first with an outside investor / partner.