Quote from @Josh Deschene: Hello All,This is my first post and I will try to summarize as clearly as possible.

I definitely have some rose tinted glasses on and am drawn to the idea of 'lifestyle investing' hence why I am trying to get more realistic/experienced advice here.Kathryn and Jonathan, if I had to summarize your feedback;-If it seems so great, it will be competitive -If it is competitive, I am massively disadvantaged not being local/experienced in the market.

@David Gotsill has summarized it excellently.

I don't want to waste your time, but I also think that you could summarize your idea on this succinctly and help a lot of folks to understand better.

Matt Scott, Incite Venture Capital and his team can be summarized as follows: over priced, non responsive, non professional agreement breaking, chip on their shoulder and otherwise a bad investment.

@Dominic Mazzarella Not sure what happened to the lengthy response I wrote out - i'll try to re-summarize it here. 

Thanks for summarizing, @Dito Calderon.

@tom shallcross summarized this well in another post and just inflate your numbers up for a $665k purchase price and $2300/mo per unit for rent.Borrow 80% which is like $3700/mo for Principal, Interest, Taxes, and Insurance.

To summarize things, I'm not sure if this is a good plan.

But everyone in this thread keeps saying cash flow over and over.To summarize:-Old/older midwest properties in good neighborhoods that you will hold for 25+ years: good investments-Cash flow on such properties: non-existent for the first 5-10-15 yearsYes?!