Whether it’s an offer to purchase a property, to provide equity capital, or to provide financing, I merely state the price/terms I’m willing to pay.

If it's in a high tax /flood area taxes and insurance could easily be 5-6k or half that then with title insurance points and closing it could make senseWhat is the breakdown ?

They are not that expensive, and you can easily do it by yourself.

JohnFirst look at your states licensing laws, they can easily be found online.

Another thing is the insurance is sent to the bank from your insurance provider and the seller should never be needed as long as the documentation has been completed correctly.This is why you must vet the law and title office you are closing with to make sure they know how to handle these transactions. 

Also a good pm company will provide a P&L every month.

Can you travel there easily? 

Hey there.Wondering if anyone can provide some advice on what kind of indicators to look for on a neighborhood level.

But bottom line: January rent is due to you provided the tenants were informed of the sale on or prior to closing. 

If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.