I would create this language Yourself as opposed to some vague thing they come up with. 

Also, it could help if you applied for a place where landlord does their own work (as opposed to a PM or corporation).

Im also interested in advise on finding a mentor, I'm not opposed to paying is the value makes sense. 

Almost every lender will require replacement cost valuation, as opposed to "Actual Cash Valuation," which takes into account depreciation.

Finally got a conventional offer, cleared $5000 as opposed to $15,000 on my “easiest work” flip.

All the deals that we do are on terms so know that in advance of reading this :-)I'd give him a few options, either lease purchase $32,251, 3 year term (want to always give a well thought out # as opposed to round #'s) and an owner financing offer of $39,577 (or however high you want to go). 

Is it bad to start out by buying multiple homes in one general location (as in a portfolio) as opposed to a more expensive single property?

As opposed to people who buy a rehab and have to rush since every minute is costing them money....If course, this exposes to long term risk since nobody knows what happens in March 2019 (may prices could level off or come down) but at least you have your foot in the door.

@Denise MunozI almost stopped reading when I saw it wasn't,  the 1% rule.......If they are selling for $84,500....the gross rent needs to be $845/mo minimum.....Check the real comps for the area....as opposed to what may be on Zillow and see if you can get them to lower the price.......If you inherit long term tenants there and you try to immediately raise their rents by 12 to 13% then you have a decent likelihood of making them become bad tenants.  

Brie- do you mean I should analyze the property to include market rent from all units, and also include vacancy, repairs, etc for the entire property (opposed to only the units we would be renting out)?