Here in Colorado Springs and Denver they are called "habitat for humanity" and they get huge slabs from folks renovating.

If they can't/won't pay the increase, reward them with an extra 30 days to move.

Townhomes have extra holding costs in HOA and could limit your renting ability.

There is something to walking into a room where 95% of the folks in that room are interested in MF syndications (5% are lost, in the wrong room).  

Hang out in these forums and absorb all you can while realizing you are in an area that a lot of folks don't fully understand. 

And after speaking with a lot of folks at BPCON2024 I’m realizing this is a niche that some of you in the community are very good at, but most of you, like me, know this is a need but don’t have a good solution. 

You seem like a seasoned investor, but many folks hold the properties all in their own name and while you can do an LLC transfer, being able to "wipe" your portfolio and start a new as a smarter investor then when you started is really nice if you can do it in a tax efficient way 

Note that these folks are super hard on properties though.

After some research, I'm thinking it would be a good opportunity to proceed with the offer and to set aside the "free" money for use for repairs/renovations and holding costs to have some extra cushion.There seems to be much debate on the use of credit cards in real estate investing, but considering my circumstances .. 1.  

. - Due to all the EXTRA handlholding with the tenants in these circumstances, we either terminate our management or require a higher monthly fee from owner.If you are a PMC reading this and you do NOT have these checks in place for new clients - the market slowdown is going to cause you a ton of headaches with desperate owners dumping their problem properties on you.