They were easily aiming to get contingencies removed and start a bidding war so I don't think $70k was going to be competitive.

We just had a giant lawsuit that showed how difficult it was to negotiate the fees, and the steps realtors took to prevent buyers from easily doing so.

But even though we plan to hold the property the reality/risk of not being able to pull equity or sell easily later on without maybe a land contract is kind of concerning?

They will often voluntarily come up with increased security deposits, easily accept month-to-month rental contracts, and find other ways to work with you.

For me, it's easily the coolest city in the state, and it's not even close.  

If you do a risk assessment of the area, property and likelihood that you can collect rents easily, then you should be good.I have about 25000 saved up and I'm living at home for free how much of that should I spend on a property or save. 

@Heather Hall, I like how quickly and easily these DSCR lenders can close.  

@Rick ImIf you are putting in $180k cash you should easily be able to get a $110k loan for the property through a hard money lender to complete the work then refinance into a long term loan.

Then in a year I would move back to Nevada or to another multi unit home in Utah.I do not have a significant income but his income would easily cover both mortgages.

They can pay that easily with cash on hand without even increasing dues.