I suspect anywhere in Kansas will be similar (because wind and hail are two of the top drivers of insurance claims), but it's worth sleuthing out since things like these are silent chokers of your returns.All other things equal if you can buy and hold in a market with lower taxes, affordable insurance, and more ideal landlord-tenant laws that sweetens the pie :) 

They will still leave  a little meat on the bone to sweeten the pot for the holding investor.Lot's of money now chasing what little value add is left for multifamily.

That means getting a mortgage originator to process the loan, draft terms and approve it, possibly close it and having the deal under the hand of an attorney.You may need to sweeten the deal with your buyer, pay costs, lower price, but they need to cooperate.If you can think of some song a dance to get them to leave happy, cash for keys and kill the deal, that would be a great way out for you.

If he is really motivated and ready to move out of state maybe he can do some kind of seller financing to sweeten the deal.

Lynda also makes a great point about sweetening a lower price offer by using cash.

Just be warned, if you are going to do that, be ready to put up more EM to sweeten the deal.

30 units, 4 buildings, right next to each other. 10 units’ vacant, current owners are paying water and have move in specials to “sweeten the deal” their words.

If you are dealing with bank owned stuff I would go with traditional stuff and might even see if I could get them to pay some buyer's closing costs to sweeten the deal for you.If you are dealing with humans on the MLS I would again go with traditional splits but probably would not ask for anything extra.Going for off market deals you can do whatever you want.

I have all the resources and knowledge to be really successful at this with exception of a large pile of capital to stand on right now to be able to offer a cash buy which can obviously help sweeten a deal and shorten time between deals.

Or you could sweeten the deal Curt proposes pulling out   $ 150,000 on a non recourse private money loan.