Rent could be increased to 1000 but even there it doesn't seem like a good buy and hold to me. At

Chicago's market is very expensive (for me at least) and my girlfriend has very expensive taste as well so the cheapest place i have found was 800k for a 4-plex. 

I definitely prefer to stick to the 'do what you want, it won't affect me at all, but I can at least offer you some points for consideration...' :)Well, more than anything, I can't speak to anything in Jacksonville right now because it's possible that duplex is now underwater :( Not sure on the flooding issues from Irma, but I know they are severe.

Do your numbers though to make sure there is enough "meat on the bone" to make it worth your while.

Once I give the details of the owner financing how should I structure it to include some meat on the bones for me as the wholesaler assigning the contract.Thanks

My question is if he cannot produce a copy of this lease he claims he has how much responsibility falls on me to track down the documentation of his claimed lease or can I just go with t  he lease that was provided to me at closing?  

Thomas Robb I usually like my agent to do a "verbal probe" with the seller's agent.

Call me at xxxxxxxxx."

I'm familiar with the 70% rule...this one would probably put me at about 75% of ARV...the properties need some work. 

Is there enough meat on this bone?