Sure each big box company has all their properties on web site so I suppose if you were moving from city A to city B you would be inclined to use them if they had properties in both.

My initial inclination is to buy turn key from companies like Norada or Maverick Investor Group, but I'm willing to bet that I can do a bit better (on the numbers) by being active on here and networking with y'all.  

What all the means is opportunity, when others run away, I'm inclined to move in.

However, my inclination and mindset right now would lead me to think that once an opportunity property is available, wherever, that most investors have rehab teams or reputable contractors in place that do the work and are paid for entire rehab repairs.  

If a property is cash flowing very well, I would be inclined to pull out equity to acquire additional units.   

Even with those numbers, I'd still do exactly as your inclining to!

There are disclosure requirements that institutional loans typically carry the weight in their origination file but in a Seller Financed file you should be inclined to obtain.  

If he has been planning this move, I would think he'd have his quarters rolled.If is he well vetted, then go ahead and accept him, but try the following:If it is legal in your area, I would be more inclined to have him pay a "holding fee" for November (it may be the amount of rent, or less, your call) and have the lease start December 01 ... and not give him keys, nor allow him to move any items into the unit, until you have the deposit and first month's rent.

It sounds like your offer was reasonable, I would think that a seller would be more inclined to go with a cash buyer since the questions of banks & financing is removed from the equation.  

@Rod Smith my inclination would be to refi cashout as much as possible, AFTER I maxed out the rental value (i.e. find the amenities your competitors have: DW, GD, cleanup the entrance) then get something else.However with a sale and 1031, the Multis will give you the economy of scale that'll really let you get ahead.