It keeps things flexible and accessible, which can make a big difference for everyone’s schedules.At the end of the day, I don’t think your approach is unreasonable at all, David, especially for higher-value properties.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

Have you considered a fix and rent approach?

I’m definitely exploring the BRRRR strategy alongside fix-and-flips—there's a lot of potential in combining both approaches for long-term growth.

A hybrid approach, which involves selling one rental and investing in a multifamily property, is suggested for long-term goals.

Your the person who wants to sell and pre-qualifying your prospective buyers and yourself is really not a sound approach.

How would you approach the seller to plant the idea of seller financing.

Approaching a lending broker may be appropriate in this case.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Anyways, the appraiser used two of the properties that were within the comps report (the higher ones) and we managed to overperform our ARV target by $20k.Lesson Learned -> Later we realized that the appraiser also looked at the rental comps, and the average rent used in the income approach was $2,000...we are renting both units for $2,600 and the average rent in general for this kind of duplex in the area is $2,100 - $2,200, so we could've easily hit a higher ARV, crazy right?"