Otherwise, it isn't too exciting to buy a negative cash flowing property because it prevents you from scaling today.

Can I prevent the banks from going through foreclosure.The property does have equity in it (based on loan origination date of 2009 for a value lower than the current market value).

I was wondering if there is anything that might prevent me from exchanging it for a rental property like a duplex or a triplex?

Seller has a mortgage that will prevent him from selling at a 6% cap.

A 1007 is ordered, but, also look at current or past rents or air dna projections. 

This move will likely prevent a lawsuit, however unlikely, from happening due to unobtainable info.Reason 2: I am reducing my administrative responsibilities as much as possible.

When I change out air filter I can see if anything needs fixed.

They check the exterior each time and seal any new holes, make recommendations about anything I might need to do to help prevent pests, place bait boxes around the perimeter and will go inside if needed.

And he gets to decide how to convey his history and story as long as he is not making it up out of thin air. 

I’ve also managed units where on our renewal rate we did reduce the rent from the prior year, but for other reasons, such as the prior year of the tenant having a washer and dryer, and a major plumbing issue with the building, preventing us from offering it the following year so we did a reduction.