@Matthew TurcotteI would look up Dave Hook, a really savvy investor who is in multiple asset classes.

I have a house in Conroe Texas I am selling and in contract for 190,000 with multiple offers and the appraiser came in at 168,000 using comps from 1973 (Subject is built in 1999) and the comps need a complete remodel as mine was remodeled 5 years ago.

However, so long as you're spending the same amount multiple replacement properties is allowed either way.

Please feel free to connect and we can set up a time to talk further and get you our off market inventory of New Construction investment properties, in multiple markets.Best of luck

It’s a tertiary market, but has multiple major employers, the largest hospital in the state, and a university.

Homes are sitting longer but some properties get multiple offers in good locations.

Usually holding costs and lost opportunity costs far outweigh the gain in sales price.I would also have multiple exit strategies and if prices dropped more than I wanted could I keep it as a long-term investment and have the rent cover my expenses.

I’m contacted multiple times a week by individuals who buy lousy real estate in Philly and I hear “ but the agent told me” or “the wholesaler promised me” it was a legal use…the rents would increase…..I could rent this section 8 and achieve xyz rent etc. etc.  

I've told him no multiple times, that I'm firm on the agreed upon price since he had time ample time for due diligence and if he wants lower, then I want to void the cancel the sales agreement so that I can put it back on market. 

You shouldn't need to send multiple reminders; tenants are generally aware of their rent due dates and are conscious of any delays.