Hopefully, he'll hold his end of the bargain and actually gives us a call for the remainder of the work but will definitely do this if we dont hear from him.

Our goal is to buy and hold for long-term investment.

Trying to find a creative way to partner with the owner, owner is retiring and won’t be able to hold it.

In fact, many of their stories, just relied on, picking up a few investments in solid areas, taking care of them, and holding onto them for a long time. 

Currently, I don't really have wiggle room in my budget to rehab these properties to hold better value on the market, have mortgages on 3/4 of them, and 1/4 is currently rented.

Consider holding 1-2 units slightly below market ie. $50-$100 a month.

I am trying to figure out whether the quality of renters and level of crime in the area would make it a good place for Class B quality buy and holds.  

I had to put about 25k of my own money into this first deal between the down payment, agent commission, inspection, closing costs, and holding costs, so I'd like to get as much of that covered as I can on my next deal.

The tenant is less likely to trash a place or violate the lease if you hold a large chunk of money. 

😱If a person closes prior to, they need to hold back a substantial amount of funds in escrow.