This is based on our entire portfolio for the past 52 weeks, with data updated daily.

Based on some insight that I have been fortunate enough to come across, a security deposit most often does not cover all of the damage to the property.  

Based upon your numbers the cap rate is fairly low ( 7% ) meaning over valued .

Please could anybody tell me if based on my 1 year employment history, would I even qualify for a commercial loan?

I have heard the podcasts, but I want to hear more experiences, cover all bases, and just hear what you all have to say!

Based off the numbers you gave he's grossing $38,480 in rents a year and paying roughly $10,800 in utilities.

Positive Cashflow That price is close to the retail value (Zillow & iCOmps).The house can appraise to $325K (just based on recently sold house in that area and income) I am having a hard time marketing this house.

Get a more in-depth feel for the types of deals that your new friends like to participate in, their risk tolerance, etc.Step #3- Find the appropriate deal that would be a good fit based on the criteria you learned in Step #2.Obviously there are a lot of nuances to buying property, forming syndications, etc but I just wanted to help kickstart you.If possible, I would rinse and repeat the above steps, while attending Dave Lindahl's Ultimate Partnering in September and @Gino Barbaro's event in October. 

I want to live within thirty to forty minutes of the base.

Based on the report the property has some minor defects and I would say 2/3 of what we saw we liked and felt comfortable with.