As an investor and a commercial real estate broker I would not expect a buyer  to spend a dime on due diligence unless the buyer/seller come to an agreement on a purchase contract.

In my opinion, I like a cash asset, but they may be able to sell now, buy a smaller house for themselves, and a rental property or two in Texas.

You have to find a zip code that has a prevalence of multifamily and a pathway to build multifamily.

Even if you do find such a deal, getting it to cash flow after repairs and a cash-out refinance is extremely difficult, especially for single-family homes.

Low inventory, higher rates and a LOT more investor competition have made it quite a bit harder.

Its 20 years later I have money in the bank, great credit,  living alone very modestly, and a business that is doing well.

On a more enterprise scale, I employ RevMax software as well as a fractional revenue manager who looks at the prices daily on a market level and a comp set level. 

Once you go above $125k/unit you start to get into the high end areas that won't have very good rent/price ratios and are under the 1% rule mark for turnkey stuff.Neighborhood wise in the city the "East End" is where the most expensive real estate is since that's where the universities and a lot of the hospitals are located.

Find out what buyers are purchasing on the MLS and then try to land those listings. ( Example: Research tells you after looking on MLS that 4 bed,2 bath brick house sitting on 1 acre with a 2 car garage and a basement for 250,000 make up 75% of all sales in the area.

Landscaping, exterior paint, and a new front door can boost value.Flooring & Paint – Fresh paint and updated flooring can modernize a space quickly and affordably.If you have specific questions, feel free to ask—I’m happy to help however I can.