Given the block this was on which was primarily mix of decent homes and obvious rentals, and this home needed a few thousand in repairs prior to rent, I did not want to pay more than my max 76k offer.

He does have an interesting mix of sized with 40 of the units being either 10x24 or 10x20 and a lot of large units fair below market.

Here’s the plan I’ve come up with, and I’d love to hear your thoughts on its feasibility, potential risks, and any improvements you might suggest.The Plan1.Pay Off Mortgage: I currently have $170K left on my mortgage, and my goal is to aggressively pay it off in the next 1.5 years.2.Establish Emergency Fund: Before making any big moves, I’ll set aside 6-12 months’ worth of expenses as an emergency fund.3.Extract Equity: Once the mortgage is paid off, I’ll pull out the equity from the property.4.First Flip: Using the extracted equity, I’ll purchase another house, fix it up, and sell it for a profit.5.Reinvest Flip Profits: Instead of buying another property immediately, I’ll use the profits from the flip to renovate the original property, aiming to increase its rental income and appraisal value.6.Reappraise and Extract Equity Again: After renovating, I’ll get the original property reappraised and extract additional equity based on its increased value.7.Purchase Rental Properties: With the additional equity, I’ll start purchasing rental properties that offer positive cash flow and have growth potential.8.Leverage Equity Strategically: I’ll use equity from the original property and any new properties while maintaining a healthy loan-to-value ratio (LTV), ideally around 70-75%.9.Build Rental Portfolio: I’ll focus on acquiring a mix of property types (e.g., single-family homes, multi-family units) to diversify my investments.10.Focus on Cash Flow: I’ll prioritize properties that generate consistent positive cash flow, ensuring that rental income covers all expenses, including mortgage payments, maintenance, and management fees.11.Long-Term Hold: I’ll hold properties long-term to benefit from appreciation and tax advantages.

I requested the owner/seller provide a written letter that there were no leases in places, the agent assured me that wouldn't be a problem and I should recieve documents in a couple of hours.

Generally there's no problem if we have the the signed authorization and email / fax it to them.We also ask the employer if we can talk to the boss regarding their employment - although that request meets with mixed results.

There are so many things in this letter that are deceptive.

Keith/Andy have amazing skillsets, and I'd love to see y'all create your own unique site style and update the backlink building strategy to have a healthier mix of short-term impacts with long-term health. 

@Andrew Steffens has a good finger on the pulse in that area, so give him a call.Make sure you get the STR insurance quote into the mix when doing your calculations.

Wow Saber rattling letters to their LP's that will quiet some but other I bet it will have the opposite effect on .The internet/SM cuts both ways great tool for expanding ones business or it can tear it down.

We found an amazing 4 unit mixed use multi unit we want to live in.