@Dylan B. lesson learned on that part, all her contact phone numbers are no good as I failed to update her original application information over last six years.

You must be watching your P&L and Balance Sheets constantly in order to make sure your new business does not fail.

Its not easy being an agent or investor so you don't want to jump off the deep end and fail at booth.Also if you find this helpful please don't forget to vote it up

I am going to add into the inspection objection a point about the water heaters being original and likely to fail soon, along with full AC/furnace service in an effort to reduce the risk on those fronts. 

Google already tried their hand, and failed. 

@James Stinnett I failed to tag you so I'm not sure if you seen the reply.

How’s many other business models can you say it would that easy to walk away from if it failed?

I'm going to cold call 100+ landlords in the area and organize an informal meet-up at the local tavern so I can meet a couple dozen landlords and let them know I'm looking to buy some multifamily properties..The downside of this idea is having to syndicate the money between what I can put down and what the local bank will finance.

I assume this is a multi million dollar deal.the builder of course NEEDS YOUR equity to get his loan.. now the good news is if he  can get a loan means he is somewhat to fully qualified.. you can do a participation mortgage in second position calling out for an interest rate and a bonus you just put it right in the note.. or lets say your lot price is 500k.. you simply write your note for 650k plus interest.. this assure you of profit.I would not do this though if you have no means to step in and complete or cash out the first.. nothing is worse than taking over a build project from a builder that failed mid stream

Does he want a guarantee you can close and financing wont fail?