.- I was able to get access to private investigator software to find the true owners of these properties since conventional skiptracing produced poor results.  

This is especially true when only putting down 5%What is unfortunate with the 5% conventional program is that you get hit from 2 sides:1.

There is no true "science" to it and it is a bit of an art, but to answer your question, you are doing all the right things, and I would not let 2 rentals that have been on for a long time stop you. 

Because it can really make or break a deal, especially if you are not aware of the true cost.Good luck, and feel free to contact me if you have any further questions

Obviously we still need to discuss and get more information to try and determine its true valuation, etc...., but we thought initially it would be best to offer a cash down amount($20,000) and then offer a percentage of revenue over a three year time frame. (50% of management fees collected: yr1, 30%: yr2, 20%: yr3) until the balance of the "acquisition" price was met.Again I know I've left out a lot of info but this was just to hear some ideas or previous experiences.Some generals:Approx. 100 doorsMost are 2yr leasesMost are long term clients of the current companyAverage rent of $2300Thanks in advance and have a great weekend! 

That sounds too good to be true.

Big difference It’s like seeing an ad pop up on google that says Google sponsored ad - it doesn’t mean Google recommends them it means they are paying GoogleThe same holds true for self directed ira custodians and others who may have on their website some names “sponsors” - a sponsor isan organization that pays a fee in return for advertising.

This is way more true than is readily apparent.

@Sovat C.The live tax free part is not true.

Is that true?