Account Closed is correct, absolutely do both.. especially if youre just starting out even Grant Cardone started with a SFR. but for the sake of his question lets say you have 100k saved up for a real estate endeavor TOTAL, and you find a SFR that fits the 1% ratio (100k house that brings in 1k rent) that is doable if you calculate it out that would equal a 8.2% cash on cash IF it stays at a 90% occupancy rate. on the other hand if you invest that 100k into a limited partnership with a company that invests in value add apartments will now your cash on cash can be a preferred 10% with a target of 16-20% IRR which would essentially double your money in 2-5 years.. in this scenario the SFR would take sweat equity from you and risk while only returning a measly 8% CoC while the MF would be completely passive allowing you to learn and grow without hindrance with a 10% CoCnow we are over simplifying but I hope this made sense.. cuz my brain hurts ;D

I suspect an experienced local investor would not be scared off by this house because they could physically see and understand how to address the issues in a common sense affordable way.

If the peg don't fit. 

Hey everyone, I am a land investor (3 years experience and over 100 transactions to date) who has seen this company in many states but I have never spoken to the owner (even though I called once because I had a lead on a land deal that I thought would fit his inventory and just wanted to wholesale it instead of buy it myself).  

I am trying to figure out how J and Dave got to $65,000 in the following section (I am reading the eBook version so page numbers won't correspond with the physical book):  Towards the end of Chapter 2; "Finally, notice that the owner equity in this business totals about $65,000; because John is sole owner of the business, that $65,000 is the value that John transfers to his PFS and can claim as his ownership value in the company.”Everything up to this point was clearly explained on how they got to the number, except this $65,000.

I am having a client of mine get a physical guestbook and they don't live near the STR.

Does someone have to physically change a setting on the unit?

Single Family. 3 bed (all can fit queens) 2 bath and 2 car garage. 

Have you looked into other subdivisions that may be a better fit for your investment goals?

She will lose it.They are offering to pay off her $87,000 debt, they will remove the squatter, they will pour money into the property to ensure it sells for the highest value, and then they will give her an additional $240,000.She is getting $327,000 for a property that she is about ready to lose and it's probably affecting her mental stability and physical health.