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.

- The market is in a little bit of a lull right now (buyers market), its a great time to buy, but slower time to sell (my primary business is flipping houses) I can supplement my flipping business by providing project management services/consulting, helping investors find discounted properties, etc. etc.

She will probably game the system for the next 6-12 months, but that's what you get buying a property with a non-paying tenant in place, in an anti-landlord city. 

The seller had attempted to buy me out of the deal but ultimately realized they had no legal grounds to back out.

Can you share some additional numbers about the investment property you're looking to buy?

We're at the point where we're going to buy an appartment in Dubai. 

You can certainly negotiate some closing costs from the seller on the buy side.

@Tove Fox hope you find this copy & paste useful:)-------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

SF is a very unique market, and actually may be a great time to buy right now, especially if they can successfully turn the city around. 

I’m planning to start by buying in Buffalo to gain experience and learn the ropes.