Because for a certain type renter it’s just SO easy to continue renting fully furnished rather than having to spend $20-40k on furniture; come up with a down payment on a house purchase; and or worry about repairs and maintenance.  

You also will want to stick to on market properties at first because the purchase process and evaluation process (namely title and inspections) will be more defined.

I would appreciate any advice on anything I may be missing with putting this together or should neogotiate before finanlizing.Negotiated so far:Property: 9 Unit - 7 Apartments + 2 Commercial Garages (4 unit apt building + 3 unit apt building w/ commercial garage attached + standalone commercial garage on same lot)Background/Why owner is selling: A seasoned builder of 50 years, the owner purchased the property in the 1970s for around $8,000.00, later developing three apartments and two commercial structures.

Purchase price: $3,636,000 Cash invested: $700,000 This is a brand new 40 home build to rent manufactured housing community.

Purchase price: $940,000 Cash invested: $250,000 I purchased a Self-Storage Facility.

I've purchased a few properties from you guys.

So I want purchase it as my first rental property it's going to need rennovations for sure not terrible shape just older rancher home.

Purchase price: $600,000 Cash invested: $30,000 Purchased single family home, finished basement making the property a duplex.

Has anyone ever purchased a property from Omni Key realty in North Texas?

Purchase price: $245,000 Cash invested: $80,000 I served as the buyer's agent acquiring this property.