While you can't take forever and a day, because a desirable candidate has choices, deciding too quickly can be disasterous.

This is the exact same approach we are taking - information has gone out a few times in our newsletters over the last year and a half, with more details available upon request, along with FYIs to clients at year end or other regular meetings. 

Do you currently have enough funds to pay first month’s rent and a security deposit?

Yes, you bought what seems like a good deal on paper, but in reality, you own an old apartment building in a neighborhood with poor security, possibly surrounded by long-vacant shops, streets piled with garbage, and a poorly managed community.

I am located in Maine and have 2 six unit buildings, 2 four units, and a 5 unit. 

The Teak plantation is about diversification and a fun secondary strategy.  

There is cash flow, appreciation, annoyance, management, and proximity to factor in over time, and as I said to Chris, the asset(s) that our kids can handle and the ones they can't.

It is easy for people to download fake W2s, ESA paperwork, etc, with a few mouse clicks and a credit card. 

We thoroughly regretted it well into the morning hours.Bad news: Most good tax accountants also have lines and a long wait, and for the same reason. 

Hey @Keenan Patton,This deal looks solid with a projected $60K profit, $435K ARV, and a $13K assignment fee in Northern California.