If you dont have the tools and skills to DIY and get yourself out of a tough spot then you can be SOL if the deal goes south.

That’s what I’m talking about.. having people on the ground who know their turf and can spot trouble before it smacks you in the face.From what I’ve heard, outfits like Northwest Preferred Property Management or Umbrella Properties in Eugene aren’t just running the numbers.. they’ve seen the weird mid-season repairs and the tenant personalities you’ll never read about in a textbook.

Hey Daniel, sounds like your in a good spot to reposition your portfolio. 

I think you want both, cash flow and appreciation, that is the sweet spot.

They love having the short-term rental properties since that gives them a spot to stay while they're in town! 

An FHA loan to force appreciation is a smart move, and with $100K saved, you’re in a great spot.

Hi @Jefferey Eutsay,This deal has potential, but there are a few critical blind spots and questions to address before making an informed decision:Cash Flow: What’s the current and projected NOI (Net Operating Income)?

Be sure that person who referred you is in a similar financial spot / need.

Why don’t you find another spot and I won’t charge you breaking the lease.”

In my experience..from what I read in Forbes..it’s not unlike discovering a great local coffee spot: once you find one that nails the roast and atmosphere, you tell everyone who’ll listen.