We are eventually going to have to address this.

You need to know what to look for, what to address, and have solid buisiness acumen to run a MF operation of that magnitude.

---- Google your property address to find out!

The real issue you should address up front is what does the seller want?

These should be reflected in the purchase price or negotiated as part of the terms, such as the seller carrying some of the renovation burden.Use seller financing to your advantage by proposing a price closer to $225,000-$250,000 with terms such as 20% down, a low interest rate (4-5%), or interest-only payments for 3-5 years, with a balloon payment once renovations are complete and cash flow stabilizes.If the seller is firm on price, consider negotiating higher down payment terms to reduce the financed amount, paired with interest-only terms or a price reduction tied to renovation milestones.Key questions to address include the condition of the septic system, which can be a significant expense if it fails.

Hi Marcus,There are many ways to skin a cat per se lolPersonally, I'd rather have volume and 10 "in da hood" where the numbers don't lie and where I know what I'm doing.Then buying using a tonne of leverage and hoping the market will appreciate."

I am an agent in Huntsville and can try to help with the comps if you want to send me the address. 

Create columns for Name, Street Address, City, State, Zip and then contact info: Last Contact, Relationship, Status, Email & Phone.IMPORTANT: do NOT ask people for THEIR business, ask for referrals!

I rarely see anyone address the underlying root cause of the issue.

We have also addressed where we fell short and failed to follow through.