Unless you have the resources to get to construction work done on those 11 quickly (or are buying them for a song), you're going to take a big hit on the holding costs. 

The attractive factor for me is that they handle service/maintenance, even if it's less laundry income.I have considered forgoing the quarter machines entirely, but I have another 4plex in Hennepin (south of Minneapolis) that came with a coin washer and dryer, and the amount of income is surprising.  

I would contact the school you are interested in and ask them about the process for going from out of state to in state. 

Strange...The seller wants to forgo a possible $100k profit to give you the benefit of owning a property which you will lose money on.You, the buyer, are willing to buy a property which you do not intend to sell and intend to lose money on in the hopes of it appreciating.This is very strange and illogical.Personally, I see us at a highwater mark in property values in my market.

@David Song      Preach!!!!!!!!!!!!

Well, new as in I think I would be considered stuck in the analysis paralysis stage for going on a decade now.

I’m now considering forgoing using any of them and instead applying on better.com where I will have my estimate within a few clicks and my refinance opened this week.

I think a lot of people saw unprecedented numbers these past two years, extra money in their pocket thanks to a strong economy and "free" COVID money (you'll pay for it soon enough), or they sold in a high-appreciation market for a song and opted to use some of that cash to invest in the easy world of short-term rentals where people earn $200,000 a year with a 2bed/1bath cottage.Then reality hits.

I wish I could offer some advice, but I'm kinda speechless.All I can think of is the Badfinger song "Come and get it".

And then there are buyers willing to roll the dice and forgo important contingencies like the home inspection in order to sweeten their offer.