Being harder on the property means more intensive repairs & maintenance, particularly on a unit turn.3) If your focus is just cashflow, this may be a good strategy because the tenants tend to stay longer and the rent is backed by the government. 

Easy return, purchased new from the builder, great ROI off the bat. 0 repair cost first few years.

we made a full price offer but asked for repair allowance of $35,000 and closed it at $615,000 for 7 unit rental.

You should have a clear understanding of property tax rates, insurance costs, repair costs, utilities, landscaping etc.Any buyer must develop their own proforma and that is what should be relied on.

When pushing for a lower offer, always provide a clear justification, like market trends or repair costs, to make your reasoning sound logical.

I realize all attorneys differ and it could be hourly or flat but I want to do some research before hand.The plan is to sell as I have no interest in keeping it so there won’t be any repairs, if any, until the redemption period is over.

If not, ask them what their procedure is for getting the names.

An investment property only requires 15% down even up to 4 units and only 10% down for a Second/Vacation home.When you talk to the Bank for example we run the numbers to ensure you have enough money to cover downpayments, closing costs, renovation/repair money etc. 

I'm new to the community and looking to buy a foreclosure as my primary residence and my first BRRR (of sorts)I am a General Contractor so the repairs do not scare me at all.

I am taking care of the properties for them (repairs, getting tenants, etc.).