They had listed it for $40k more in 8/24 and dropped consistently until 12/24, when I made my offer.

The good thing about this is you can do a parent listing offering the whole place, as well as 2 other listings for each unit. 

Nice…You can’t offer less for a property full of fire rubble (lead and asbestos?)

It’s a straightforward process that offers benefits to both buyers and sellers.

We are out of state but would be open to working with someone local if they can offer favorable terms.2) Any local realtors you have worked with and been happy with?

@Christopher Smith there are many...but in my opinion really only three companies out there that offer the ability to 721 into a large and diversified REIT that i'd feel comfortable with. 

I'm planning to put in my first offer on my first rental on a SFH in Kansas City in the next day or two.$140k offer8% interest rate20% down8% management fee5% vacancy5% maintenance 5% cap exI haven't gotten insurance costs yet but it's been suggested that I plan for $2k per year. 

I have bought 2 of those, offered on plenty.

A successful rental property should offer positive cash flow, meaning your rental income should exceed your monthly expenses (mortgage, taxes, insurance, maintenance, etc.).To find the right tenants, ensure the property is priced competitively within the local rental market.

Btw, did you go with the Gold or Platinum mentorship they offered?