I spoke to several reps but ultimately decided to hold off.

Make sure you have your ultimate lender lined up for the refinance so you don't end up holding a property with poor financing terms on it. 

The deal ultimately fell through since the owners renegoitiated when we were in talks and the price that they ended up at did not cash flow. 

Me personally, NO DEAL because unless they're truly ready to sell and ultimately take advantage of your help (investors are problem solvers that specialize in creating win-wins) then you could waste time at a profit margin that only seems like a win for seller and not another investor.I like to keep the ball rolling.

If so, having someone else doing this work doesn't mean you're not a good landlord or doing it wrong, If anything you're doing it right if you never have to spend any time working on this property and it runs perfectly as a passive investment property which should be your ultimate goal. 

Hi Brandon We ultimately would like to have multi family properties.

Ultimately she wants to be able to continue cash flow while she's alive and provide a lump sum for her college granddaughter which a portion would go to the sell.I appreciate your point of view.

Landlords that justify late paying tenants by happily accepting late fees are poorly managing their business and will ultimately pay the price.Evict him now.

2) I've learned a bit about how to ultimately structure things so you can keep the assets out of your personal hands (LLCs, etc.) but the thing that isn't discussed much is how do you actually get the money into your hands.

If the large loss would have put you at a big disadvantage if you found a deal today and needed the money, then I'd still go with safety and accessibility (savings) over the brokerage.But ultimately its up to you!