I truly appreciate your honesty.

very few of those people are honest I could show you a thousand examples from BP alone

And since the second people knew you can not close on both, decided your offer was not honest.  I

So, they essentially took the expenses estimated from 18 units in 2015 and took that off our 2014 actual income.I'd be HAPPY to do 60%-65% LTV as part of a portfolio loan, to be honest I don't want to go much over 65% anyway, but the problem is that most lenders I talk to that normally are offering 80% LTV aren't very enticed by the lower offered LTV value, I just don't get it.By direct assignment, are you talking about a pre-signed deed in lieu? 

In regard to your first part of asking do I want to buy/hold or buy/flip...too be honest I don't know.

d - honesty (if they broke something they may not be inclined to disclose it out of fear). 

Your honesty will effect you in this business if you do look down on it. 

Haha, I have to be honest, I have considered it, I'd charge them the regular cost of rent, but I knew they'd ask for a discount that I wouldn't be able to deny (I would just feel really bad and guilty if I didn't.

It was not in great shape when I bought it and, to be honest, I have not done a good job of helping it out.

As is, I have negotiated the seller to $25,000 and in all honesty I believe I could get him down to the $23,000 as they want to sell within the month .