Remember you are running a business. 

My partner and I have ~20 doors in OH, and we are interested to expand our portfolio to Fort Wayne IN.

As a MF agent who spends a large amount of time calling apartment owners (or rather, numbers purporting to be apartment owners), please believe me that reaching out to random run down buildings owners is unlikely to get you any deals.

Boots on the ground is hyperlocal, and what you're looking for is essentially cheap labor that can open a door when you need it.

The deal:looking at an off-market deal on the beach in Pinellas County, Fl2 story home on the water3,800 sq ft. 5 bed 6 bathPrice: 1.5 millARV: 3.1 millrenovation costs will run 400kI can put up to 200k down for purchasing. 

If so you should be able to cancel but if you are doing it out of the inspection period you are stuck and could run the risk of losing your earnest money if you put any down. 

The company and others that he runs own nearly 100 properties across the city’s low-income neighborhoods, records show.

Quote from @Zachary Deal: @Joshua Kavadi As @Zachary Deal and Chris said, you'll need to know that not every deal is a home run or even a triple.

As long as you run your numbers and your estimates are conservative, you'll do okay in the long run.

Gas heat would require constant tank refilling and it would be very bad to run out in the winter.