In Spain, this is usually seen more as a barrier as people rather would invest in individual units (less purchase capacity needed), but by rethinking the setup up it matches the criteria of a multi-family deal.

Still cracks me up. 

Sounds like a mix of opportunities provided you fix it up better than "poor" condition.

I'd sell #1, even if you have to take a loss on your equity.The market does go up over time, but most markets seem to be stagnant right now, so when does that change?   

He’s helped out quite a few of my clients in the area and will be able to do the same for you. 

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

I entered criteria into Zillow and then received postings.

I travel the state a little bit and would be glad to chat sometime.

This is the max that the lender can bid up to. 

One of the biggest problems that can crop up with a wrap is that the first mortgage holder is alerted to a change of ownership via the insurance policy update, and calls the mortgage as immediately due in full.