It adds an extra element of complexity to the process (now you have to negotiate buyer-side commission as part of the deal). 

Therefore working with and renovating SROs are typically deeply complex project and a great extent of due diligence is needed before purchasing.

Hey @Steve Moskowitz, I am completely fluent in Spanish and able to explain complex information to any client, I WOULD LOVE TO HELP!! 

If he opts to buy the property, rent paid during the lease period is applied toward the purchase price.Because owner financing can be complex, we recommend working with a licensed attorney who will consider your best interests when drafting the necessary documents.Good luck!

We're going on year #5 with our rentals.It gets easier, and like you mentioned, life will become less complex.

That same report found data to be 96.2% accurate. 

Also, after 6 months like you said, I believe you could easily get a cash out Refinance with a DSCR option that would be in the 5% rate as well.If the owner is not interested in Owner Financing, as long as this a 1-4 unit complex, we could get you financed at 80% of purchase, 100% rehab at 11.25% Interest only, I may be able to go as high as 90% of the purchase, but I would need additional information.

Property is versatile posied pretty well for STR’s and long term hold I feel given the location.The investor group seems to be streamlining into new construction and flipping / selling from what I gather (lots of properties on market now and new construction projects in development, I think the selling agent mentioned they had 400+ SFH in portfolio currently they are trying to sell off and transition more so into new construction and large scale apartment complexes) and have own separate businesses in the HVAC / Roofing / flooring world etc.I think my take away here is that I need to get my hands on the previous inspection to see what came up and check it off.

You can get the STR data from something like AirDNA and then check out what your competitors offer on sites like Airbnb/VRBO.Negotiations will also depend on their cash flow and how much of the business you buy.

See below example deal and associated data points.Happy to share a copy!