Reach out if you need anything.Daniel -  @Mitch Miller Hit the nail on the head ... and Mitch runs a great meet up.

( shaking my head ) Quote from @Sue K.: Originally posted by @Daniel Alegre:So we are using SmartMove for the application process.

Trying to wrap my head around this….

It can serve two purposes, provide a roof over your head and still provide some income to OFFSET your LARGE MORTGAGE payment, since you are considering putting 5% down.  

It feels like your post came right out of my head because I went through the same exact thing.  

I think maybe we're headed towards a renaissance here.

The previous owners had inherited the property and realized they were in over their heads managing the apartments.

This is always tricky as people heading towards foreclosure are getting reached out to from several people and are in distress, but good luck.

If they go out I can raise rents to still below market a little for a good deal to a tenant but after my lease up expenses still have additional equity and value to show for it.I shake my head at buyers buying Popeyes with some small franchisee that is 6.2 cap rate versus national grade credit at 5.9 cap and that Popeyes paying market rent.

The previous owners had inherited the property and realized they were in over their heads managing the apartments.Long term goal is buy and hold for cashflow.