Though a rent increase is over due, due to this change we are willing to leave the rental rate the same for the present time.

Time is critical, especially in competitive markets.Clear Offer Terms - Present a firm offer with terms that make the seller feel confident that you can close fast, with minimal contingencies or proof of funds.Due Diligence Preparation - Have your financing lined up and know your repair/rehab costs in advance so you can move quickly without second-guessing.

You're right that they are expensive, but when you consider the net present value of those dollars, it is well worth the cost (1.5% on the front end then 1.5% annually).My greater concern is from the regulatory side of things.

If it's going to be more than that, make sure you have everything well documented because she will likely make your life hell over that money. thank you for your valuable comment. 

However, that presents a whole other slew of financial barriers in funding the repairs.

I rushed over and when I got there I found about 20 couples, all obvious newbies....the comments I overheard were - "I don't like the color of the walls in the entry"...."

Concerning pricing, we are presently looking at 98.5% from list price to sales price.

Just from the way you presented your intro, it's clear you are driven and passionate about real estate.

I asked him about a prenup and said, "All I will say is this, when my Aunt got divorced and they presented the prenup to the judge, the judge basically threw it out."

Now, a wholesaler can present a wack deal and the newbie investor not knowing any better buys them.