There aren't a lot of deals as sweet as that one but man oh man, if you only buy 1 a year and the math works that good not only can you retire after 15 years but you will be living high on the hog too!

This puts you in the 'sweet spot' in my opinion!

It is super sweet.

@Benjamin ErvinI will keep this short and sweet.

Probably, the best thing you can do to answer your questions is get a sweet deal under contract and call one of the wholesalers or investors that you've met.

***SCREAMING*** Ok, Sweet Jesus, I had a Cold Pop.

Over a period of time, you give your tenants $100,000 in rent deductions you could have charged and you still end up with evictions with loss rents that cost you $10k each and you end up with rental units that cost $8,000 to $12,000 just to clean, carpet and paint.Be sweet and worry about your tenants, but I cover my butt and protect my family's financial status by increasing rents to maximize profits and cover the unknown.

If a wholesaler you need to forget that route.You will be laughed at by the banks and they will not take you seriously.With apartments there is performing (90% plus occupancy with paying every month), sub-performing (usually 40 to 75%) is the sweet spot,and then totally vacant.If occupancy is less than 40% it will be really hard to turn around and by then the units have been stripped anyways so you treat as needing complete rehab.Anything over 90% you can get a regular loan on.Anything under that is hard money or private money.Once turned around you will need to immediately sell after about 6 to 12 months of stable occupancy and payment or refinance to get rid of the high debt service.

This is expected because buyer agents rather prefer their buyers to buy properties that offer 3% commission to them so the tend to say sweet things about the 3% commission properties.

Ill make it very short and sweet, feel free to reach out to me for more details.EASY, YET EXPENSIVE.