The owners of 100+ unit complexes are not individuals who will be swayed to sell by a good offer or the need to cut short term losses.

The lenders that offer the 203k renovation loan are telling me that DPA cannot be used with it and this is in Ohio.

@Christopher Smith there are many...but in my opinion really only three companies out there that offer the ability to 721 into a large and diversified REIT that i'd feel comfortable with. 

I believe the price points of the apartment units will dictate appliance specs/packages but appliances are something I always upgrade over those offering competing units.

I find properties on the mls and send them to the agent with the offer price.

If you want a registered agent, there are services offering that starting at $40.

In the program, it appears that you offer a Pre-Loan Application-- perhaps this is how the program is legal?

Additionally, many states offer property tax exemptions, significantly reducing expenses.

Hopefully your lawyer also mentioned insurance- title and hazard.A quitclaim deed transfer can hurt your title chain and title insurance. 

I figured this could possibly put me in a good position for a cash-out refinance when I’m ready to move on to a second property.If I stick within my budget, Philadelphia seems to offer the most housing availability, but I’m concerned about most houses available being in rougher neighborhoods.