Depending on your state you may or may not be allowed to accept a partial payment during the process.

Advertise as you please, on any venue that will accept your line of work and be honest about who you are and how you can help homeowners, and people that don't want to deal with real estate fees.

(Imagine if they had countered your offer at $500 higher, would you have accepted it?

Course of prior conduct may be used to determine what constituted acceptable quality.

After months on the market, I made an offer over $20k under the asking price and it was accepted.

Researched, test drove for a weekend, comfortable with buying it.

Just keep an eye on how both markets are performing, and maybe start small, like taking out $50k, so you can test the waters without over-leveraging.

The sustainability test is that 3/4 of units need to cover 75% of the mortgage from my understanding.

Thank you everyone for your feedback.I have decided NOT to accept the offer from SINGH based on the responses I received on Biggerpockets along with some other insight...Logic prevails.Thank you againDoug

@Mindy RosscupThe knowledge you gain by studying and taking the test to become a RE agent.