With Docusign I can sign a contract in under a minute.

You'll also have a "buying tenant" in both units, so vacancy should be down and the property will be better maintained over the term.Tax wise, you can do either in a passive or active manner and split deductions accordingly.I would think that there would be many business owners who would like to get in on lower RE prices now, but can't since they may well be concerned about operating capital and not seeking to put a chunk of cash in a building that will take some time to recoup that investment from the differences in renting.I mentioned buying as a partner, you can do that or you can go it alone, buy it and immediately put your buyer in under several methods so you regain that up front money for the next deal.

Craigslist is so inundated with ads in Austin it is hard to get any play from it.

Tom - I live in Central Florida - Orlando area...the market is decent - not as bad as south FL where it's inundated with inventory...the good houses are moving.

I think you well be hard pressed to find any lender who will do a cash out in under a year of ownership, if you need to do it based on a new appraisal.

You don't actually take control of the property - just put in under contract.

If we are $25 under market we rent them in under 14 days and are flooded with calls.

Why hold for 135-160 days when you can get in and out in under 60!

If you can't get to it in under 60 minutes, don't buy it.

No way there would be a payback in under 2 years.