Basically, she asks if the information they provided is accurate.

In the big picture to spend $80,000 on a million dollar property is basic in the big picture.

You need to flesh out that idea, what type of investors are you looking for, what do you want to do with the money they invest, what type of plans you have basically. 

Don't put a company name on it, just put the basics......"

Hey All - been cruising here for a bit and am about ready to jump into the Dallas market in MF.   I would love some feedback and 'rules of thumb' in MF in the areas.  I'm an active RE agent in Los Angeles, have plenty...

This being his only rental property, he started to have to pay the contractors out of his own pocket.Then the tenants where not taking very good of the house either.I should also point out that he didn't do any tenant screening, he let them because they were friends of a friend.His point of view on how nice the place should look took a drastic change, more inline with my ideas.In the end things have worked out and we basically agree on everything now.  

We can always pay them down earlier if we decide to later, but having seen the days of 8-10% mortgages, we're amazed that we can lock in 30 year investor loans under 5% (our last one was 4.125%), let our tenants basically buy our homes for us, and build up the cash flow to use for the next one.    

Basically the house sold for $120,000.

In doing so, I have started forming a Private Lenders list and have started some basic conversations.  

I always tell potential  tenants upfront the basic requirements for getting into my rental.