I was planning on purchasing a 400k MF with cash but was planning on getting a line of credit on the piece in order to handle any "expected" surprises. 

I went with REIT's cause my long term goal is passive income (big surprise) with minimal work (bigger surprise).

I would be very surprised if they won't allow the estate to make the payment.

Being a contractor is a very valuable skill especially for a flip, I'm surprised more people haven't reached out to you.

Have been surprised at price expectations in areas of Shively to be honest but in today's market I shouldn't be.

To no surprise a lot of the people who respond to me are seeking retail prices.

You have to make the bet that you might do well, break even, or have a big loss.If a buyer has limited funds and net worth they do not need to get sucked in by the potential of high cash flow and landing nice tenants that pay on time and take care of the place with low income type properties.Think of this.Someone buys a piece of junk and hopes the building doesn't fall apart and the tenant pays on time so they can cash flow 200 to 300 a month based on current market rents for that product type.So 2,400 to 3,600 a year if everything goes perfectly with no surprises.

It does sound very cheap since they are higher in L.A now definitely can’t find a room for $500 especially even in a lower end area so I wouldn’t be surprised if those $500 ones especially are scams .

I would be really surprised if you could simply assume a commercial mortgage. 

I'm surprised I didn't sign up here sooner considering I own a few Bigger Pocket's branded books, but wanted to introduce myself.I'm in my early 30's and have made a career in the tech industry as a systems engineer.