It's unfortunate because I see various agents in both states working with him from time to time, I probably won't be the last suspect. 

This is a follow-up to my last post, wherein I was contemplating walking away from my first potential deal (I did), mainly because of the inability to see any sort of detailed financial history for the 8-unit property.I tried doing some searching for my particular question in the forums, but I can't seem to figure out the right keywords.

One last question, is 100K minimum investment for a note JV reasonable/common?

@scottmeyers was talking about this at an event last week.. he is local to you .. you might want to reach out to him.

Mainly because you are calculating using a Property Tax based on the last price.My client argues that it is reasonable to use current expenses to calculate the price, because you are supposed to create a selling price that is the most attractive for the seller (higher price).

I'm a new member from the Rhode Island / Southeastern Mass area, though I've been following Bigger Pockets for a while now.I'm very eager to get started in real estate investing, and I have been on the lookout for deals for the last few months and getting an understanding of the local market. 

Our last one, about a year ago, we got 4.75%, 20% down, 25 year amortization, and locked for 10 years.

They also still had to pay their last months rent at their old apartment. 

@Ellis Fairley Yes the tax records are a good way to find out who the current owner of a property is, their current mailing address, bedroom and bathroom count, square footage, zoning, what that specific property last sold for, when it sold and what the taxes were for the previous year.

Last house I sold, I did insert such a provision.