Simply allocate the proceeds into as many down payments as you can find/qualify for.One of the ways my clients are using to start to mitigate risk in a  maturing market and yet leave your powder dry and options open is what I call defensive investing. 

This is typically offered by people who we call “joker brokers” in the industry and they take the lowest of low hanging fruit and pass it off to newbie investors trying to make a quick buck.

So I thought I’d see if they’d like me to knock a few bucks off their rent and I’ll take the 3rd floor Since it’s located downtown and has 3 of the four walls as windows looking out (ie great views), it seems like it would be great for shared office space (think, “weWork”).

A couple thousand bucks for good legal advice is excellent "insurance" against later problems on a $1.5M purchase. 

They pictured going into world war three and in two minutes they realized the tenant number two (hereafter referred to as the squaters) are professional tenants who are trying to get a quick buck.

Phase 1 - "Peak" - - Unit sales increasing, Prices increasing, Inventory decreasingPhase 2 - "Correction" - - Unit sales decreasing, Prices increasing, Inventory increasingPhase 3 - "Trough" - - Unit sales decreasing, Prices decreasing, Inventory increasingPhase 4 - "Recovery" - - Unit sales increasing, Prices decreasing, Inventory decreasingIn our are we are in Phase 3 of this cycle, which is known as the "trough" where you see unit sales decreasing, prices starting to come down some, and inventory starting to increase.Keep in mind that New Orleans tends to buck the national trends when it comes to real estate and the economy as a whole.

haha I have a colleague who specializes in the 203K loans process if you are wanting to go that route.Please bear in mind that while yes, MFH can produce more bang for the proverbial cash flow buck because there are more units per property, they also have higher maintenance considerations because they will have more HVAC units, more toilets, more appliances, etc.

Spend a few hundred bucks and sit down with a real estate astorney who deals with tax sales. 

I did it on my personal house, it's a couple hundred bucks for soil delivered by truck (yards of soil, not a bag from menards) and some gutter extensions if it's really wet.  

Less than 100 bucks.