With time to reflect many will realize they were starving and not come back.Jack and Jill Public are too scared and uninformed to not need guidance and hand-holding.

Monthly gross rent is $4660.00 with net $3347.00 (reflects deducting taxes, insurance, utilities and management).Is there an outlet where private lenders typically look for portfolio investments? 

Upon reflection, the property was on the market for quite some time so probably have room to negotiate a better price.

If these numbers reflect income with you living there, that's pretty great.

“HireAHelper’s research offers a more complete and accurate reflection of society.”

This thread reflects an almost complete grasp of reality.

@Jon HuynhYou could also do a delayed financing on cash purchases and recoup 100% of the funds used which is reflecting on your settlement statement.

It can't be backdated, because their date will reflect when it's filed with them.

This seller is very hands off and doesn't want to repair anything which is ok with us as long as the sales price reflects that.

Maybe with a commercial loan, but your terms don't reflect a commercial loan.What makes you think you'll be able to add $40k of value with such a relatively small renovation?