Getting @$750/m (or even less) instead of @$800/m will also impact negatively on your reported ROI.At this stage, I reckon: find out who you'd be using as your Property Manager.Get the right one, you're golden.

they've been good tenants, have owned a home before so know what they're doing (probably more than me at this stage) and if this makes them happier/want to stay longer....all the better.  

Still in the early stages of conversation but got some beginning information and wanted to see if this was worth pursing:Asking Price: $550,000 (I already assumed that was too high, trying to figure out a reasonable price to offer)Income: $4000 a month (believe there is potential for rent increase (waiting on specifics of each unit))Expenses: $900 a month (Water, Garbage, Taxes, Insurance, Maintenance, Pest, & Septic) Self- ManagedNOI: $3100 a monthCap Rate: 8.72%Stable TenantsDoesn't need major workGood Area, Decent SchoolsQuestions:1) What is a fair win-win offer?

I have hit a small roadblock in my start up stage in making my house flipping business legit.

And this depends on who arrange financing if any.

Ive came to the realIzatIon that I want to learn how to use, fund and afford general contractors to upgrade my properties freeing me up to hunt out other deals vs me working crazy hours at my job plus doing all the work myself which at this stage in my life is not really plausible.

I'd be happy to arrange it.

My deal flow and stage of my career is such that I'm selling properties all across the great LA region. 

I’m newly licensed so I’m looking for a broker that I can arrange a mutually beneficial arrangement with for me to do deals under.

Loans do tend not to happen by accident under tax law - the courts like to see notes, collateral, and a list of other "bank-like" arrangements for a vague transaction to be viewed as a loan.Contribution via a personal credit card buying something for the IRA.....muddies things up a bit.