You would have to select a tenant capable of making the renovations, sweat equity. 

These are typically sold owner occupied and I know of two cases that did not end well because the owner was not willing to learn or capable of proper management. 

It is just a matter of time.Keep this one little thought in mind.Competition is only felt by those at the bottom fighting to be at the top.

I am an admin on the REI Blackbook, and love all its infinite capabilities.

m how would you fight your way to financial freedom?

Very capable person and a wonderful resource.

The number of times I've driven I-5 through Tacoma in the rain, convinced me long ago that there are better places to be spending my time than fighting traffic.

My Chattanooga duplexes were my first investments EVER (excluding my house hack), and it threw me in the ringer, for me personally struggle, and fear of loss puts me into fight or flight and I soak up knowledge and networked like crazy to make sure my investments would come out ok! 

I'm told, technically a verbal offer is binding but no one can prove it so there's no use in fighting. 

It's important to fight for a good deal, but to also be developing healthy relationships with the people you are working with.For the rest, it would be up to you!