I think you are a hero in your right as; you searched for a YEAR, found a DEAL, ran the NUMBERS and for the holy grail you actually made an OFFER and in a true winners spirit it was ACCEPTED so kudos to you.  

Have I Found the Holy Grail of Passive Real Estate Investing?

Holy smokes if you guys actually think snail mail is even worth a fraction of targeted FB ads I have a fantastic business opportunity for you guys to invest in! 

Asbestos tiling in the basement...Part of me likes it, but the other part of me says holy crap don't walk run away!

HOLY CRAP... at 1650$/month that's a 25% cap rate at 70k purchase price...

WHAT THE HOLY HECK???  

@Matthew Charron I do hope someone takes you up on your offer.In case no one does though, I'd recommend you attend a local real estate investor group like Black Diamond REI in southern Mass. or RI Real Estate Investors Group in RI.You'd want to engage several people in conversation, particularly during the times at the beginning and end of the meetings when folks typically network, and maybe ask a few folks out to coffee.Many people look for "mentors", and that might work for you, but another approach to consider would be just to try making friends with people who are one or two steps ahead.So maybe they're not successful full-time investors (the Holy Grail of Mentor-seeking), but instead own one or two rental properties, or have done one or two successful flips, or really anything in one of the directions you want to go.I find that can be easier to achieve, and you can get a lot out of it because such folks are very familiar with the challenges you face - after all, it wasn't long ago they were at that same point themselves.

I was just in SD for work this week, holy cow they aren't giving away condos anymore now are they! 

I know a lot of BP folks are new to the game ( of course I have no way of knowing when you started) however prior to 07 ish... the holy grail for rentals was the 1% rule if you could hit that you were doing great.it was only after the crash were prices in some markets fell 50 to 80%  and rents although they did not rise and or they fell a bit but they did not crash.. 

I have written extensively in my BP blog on one such company that I have made numerous investments in:Have I Found the Holy Grail of Passive Real Estate Investing?