Details below: Contracted Purchase Price $275,000 Seller agreed to finance 20% down over 5 years and contribute $2k towards closing costs Building needs no works as the current owner has fully remodeled each unit including new roofs All units currently rented, approved for section 8 (if needed), and is current on all licenses/city inspections20 separate parking spaces that can be rented each month for additional income (currently bringing $150 per month)Coin-op laundry on site bringing in approx $175 per monthSee below for property evaluation: Scheduled Gross Income           $92,880.00Less 5% Vacancy Rate              ($4,644.00)Gross Operating Income            $88,236.00Less Operating Expenses Taxes              ($15,179.00)Insurance        ($2,645.00)Water              ($2,400.00)Sewer/Trash   ($6,000.00) Mngmnt (7%)  ($6,176.52)---plan on self managing but need to allow for it Maintenance   ($4,411.80)Total Operating Expense           ($37,022.32)NOI                                             $51,213.68Cap Rate                                    18.6%Our lender does not want to allow us to use the full 20% from the seller.  

Best way to find the real estate groups and get real in person training and networking. 

I've also checked out B2R and there's another similar one operating under almost the same constructs - firstkey lending. 

Young ambitious, retired attorney who just quit his legal work to do real estate investing and real estate training full time.

I'd love feedback on my initial course of action/plan and connecting with others in my area willing to work with newbies that can add value to their operations.

They also operate in Dallas and Houston and considered one of the best turnkey company in the nation if not the best.

I just wanted to let you know that I did go to the NTAREI training seminar last night (it wasn't their regular monthly meeting) and I enjoyed it.

., USAW Performance Coach, nationally recognized personal trainer, post rehab specialist, certified Kettle bell & TRX Suspension Training instructor, motivational speaker and author.

You must not have been doing this for very long, or you lack thorough training. 

I trained with some of the most elite combat shooters in the world.