Are you retired and is this your sole income? 

Quote from @Melissa Johnstone: Quote from @Cara Murray: Who are you using in Redding?

Hey everyone,I’ve been diving into Chapter 1 of The Multifamily Millionaire, Volume II: Create Generational Wealth by Investing in Large Multifamily Real Estate by Brandon Turner and Brian Murray, and I wanted to share insights on one of the most important concepts: Crystal Clear Criteria (CCC).When scaling up to larger multifamily investments, having clear and specific criteria is critical for success.

Some solid areas to look at are:Riverside, Avondale, Murray Hill, San Marco, San Jose, Orange Park, southern part of west side, east Arlington, pockets of the Northside.I’m on my phone so a little tough to go in great detail, but you can message me and we can find a time to chat if you’re interested.Chris - thanks for the reply.

Yet RentRedi would bill me anyway and I would have to request this money back. 

When I do it at 20% down, I can only find negative cashflow, so I could be looking in the wrong spot, or I need to put more down, or I am missing something all together.I have read that making a 8% return or higher is what to look for, and I can find break even.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Murray Hill is a great area that will fit your budget and allow you to maintain occupancy. 

And I have to assume the MF are their existing MF that needed cap calls ???

I don’t have a lot of money right now and I was considering putting my current home up for rent and moving into a new home in a new location.