@Mike BatorMight be interested but would need to have audited financials on the current rentals to even have our investment team consider it.

I have some real estate experience as a commercial real estate agent for the last few years.

If you do not have something kind or helpful to say please refrain from saying anything at all. 

Quote from @Alana Reynolds: Does anyone have a file for a 30-day notice? 

@John Slegg flipping is just a numbers game. 

A lot of these are garden units.

I’d either reach out to the builders (if you’re working with a realtor have them do it or they won’t get paid.)

Long story short, the simplest way to look at this is to add a 0.5% or 0.55% to your FHA rate and then compare that to a Conventional option (note rate + PMI rate) priced with 1.75 discount points.

Using 50% rule which is too aggressive at rents below $1k/unit at 80% LTV:$2600 * 0.5 - 1296 (P&i at 6.625%, 30 year)  = $4/month total (all 3 units)Why do I state 50% rule will be too aggressive at that low rent?  

You either have to act fast and know what you are looking at, your get creative.