Once, a tenant left a massive stain on the rug beyond repair.

Networking at this time can only be done by phone.

Built in the last 50 years but before 1990.Currently rented for <$7000 gross but could likely be raised to >$8000.Expenses are as follows:Taxes - $13,000/Yr or ~$1083/MoInsurance - $3100/Yr or ~$260/MoMaintenance, Repairs, Vacancy, Trash Removal - ~$1000/Mo.Now, seller wants 850k & 10% down, interest TBD.

We have had multiple phone calls with all parties, and our owner has taken time to personally speak with him as well.

I usually suck up all the plumbing issues with LTR because I know it will just waste my time and of course plumbing is the most expensive repair every single time. 

Good luck- shoot me an IM if you'd like more info on my process..a little bit of background research and some phone calls can make your sq' price swing back a lot. 

While I continue nurturing those realtor relationships (and patiently waiting for my phone to ring), I'm curious to explore other avenues for sourcing off-market deals.

This was a few years ago, but at that time as I recall they were looking to do more long-term property leases over owning properties and doing pretty landlord friendly leases where they would do repairs and even pay property taxes. 

The partner will help with holdingf costs, closing costs, repairs and get half of the equity.

If you have deferred maintenance this will be future headache and a phone call from a PM company.