Actually, I think the seller is nuts to go 30 years, but it might be set aside for great grandkids, who knows.

@Patrick D. ...yes, I'm planning to ramp up the real estate...my 9-5 job is good income, however I hate waiting 2 weeks for a paycheck...drives me nuts.

When I'm not working, I love to be out on the water in the summer, fishing, boating and enjoying life.

We can't all be the big fish, sorry if I shouldn't be in your pond.

I think everyone should obey the new laws sometime you need to test the big fish to see if they are going to follow the law.

I'm not sure why a lot of people start off telling me "I'm looking for investment properties NOT in the city" They're nuts IMO.

Everything from the contacts and networking, to the nuts and bolts training I purchased.

These two properties were really good for me to analyze the nuts and bolts of the deal and with the help of your input I feel much better about how I'm looking at/for these deals.I ended up passing on the 3 family, as each unit needed work to be done, (two a little more than just paint&carpet) and the owner ended up going with a different offer at least $20k higher than I felt comfortable with.As for the large single fam, property has gone under agreement after I initially offered on it, I believe it went for $285k range which is a fair price, (ARV conservatively $430k) however with my lack of experience in flips and the property needing a complete renovation (near $100k estimated) I was not comfortable in taking on the project.For now I would like to get into a owner occupied 3+ family, for favorable loan terms (1st time home buyer) and cash flow of tenants.

So he's not likely care about small beginner fish like me who wants to finance.

I would always submit in a professional matter and I would also be apologetic once they start going nuts heheAll you have to do is be patient and wait until you snag the bargain.