Im in that same predicament. 

there are moral and ethical arguments in this scenario that your glossing over..were it becomes illegal Is as I stated the bad people get in there rip the rents and never pay and leave the poor seller out to dry..

@Carolyn Morales it’s actually downtown.

@Carolyn Morales I think might have experience with this or lots.

My answer is behind "door #1".Moral of the story:  You can't "buy" cash flow out of pocket.

SF never once provided me a list of things in writing.So the moral of my story here is don’t think since you’ve made it through closing you’re out of the financial woods yet.With these two properties alone, we have spent over $20k in repairs that were required within the first 60 days of ownership.Best part is the insurance agent told me I had to make the property looked lived in…how do you expect me to finish the interior renovations (we removed some walls and gutted the kitchen; started before our priorities were redirected for us) when you’ve got me dealing with a bunch of “recommendations!”

Moral of the Story: no matter what you have or don’t have, minimize the chaos by knowing what you have or don’t have.... that’s true financial peace.

This is where I met GC and RE investor Mark Fries which introduced me to realtor Stephen Morales.

The moral of the story is, when it comes to making that initial offer, if you are unsure of the property value, go get an appraisal before you make an offer.

Why moral support?