Care to share the financial details?  

Short term (1-2 years): generate $2,000 cash flow after expenses per month (child care costs)2.

The guy wants to sell because he is a doctor and does not have the time to take care of the property.

Be careful of the guy who says he self-performs everything.Preference to a contractor with a physical office.

In a short sale situation, the seller will usually accept any reasonable offer (What do they care?

I keep hearing about this "Furnished  Rentals" talk .. it's starting to make me wish I had attended that one -  I'm going to have to followup with the presenter and see if he has anything published - anyone care to elaborate on the some of the ideas that you found most useful? 

I want to get my license to learn about the industry and understand what is going on when my partner and I talk to realtors (currently I am a nanny with a master's in counseling psychology wanting to get into real estate investing....it's a bit of an odd switch). 

Just be straight, direct, honest.No one cares if you were driving down the street.. in fact.. actually.. they DO.

So the question would be could an equity partner be brought to achieve the buy out and then pay the investor after the the building is refinanced anyone care to chime in and give direction possibly.

Then it is the responsibility of the seller to take care of it.