Maye invest some money into improving the property to attract better tenants?

Small multi family is generally the most attractive asset class for out of state investors here as it provides a nice balance of cash flow with reasonable purchase price

It’s not as hard as you think and if this Amtrak attracts more people to Scranton, not only will they not want to live in an old run down house but they’ll likely have the money to rent or buy something newer.

Perhaps emptying it so that it can attract an owner occupied buyer is a good alternative or hiring a PM company to off load some of the work there for you.

If a single deal works out at this scale, the family has problems like estate tax transfer limits ($13M per child) to think through.Further, as long as the funds/deals are separate from one another, the one that does go well instantly makes the syndicator an "expert" in that specific strategy or market, which then attracts the next 500K social media followers. 

The flipper folks always like to say "you make your money when you buy," meaning that the lowest possible and highest value entry price point is one of the most important things.So let's visualize a single story office building.

The low initial investment and high resale value made it an attractive opportunity.

[/list:u]Here are some tips if you want to use a website to attract motivated seller or buyer leads.

However, if it's a 1 shot deal, then I'd hire the agent and attract the most amount of buyers, and get top dollar for the house.

He wasn't too happy about the situation, but it's kind of hard to argue with the visual evidence sitting on the table right in front of him.He gave us a credit and we closed.