While it is difficult in Texas especially at a lower price point, call a local title company.  

There are always deals to be found, but the numbers and volume that most folks are looking for are more difficult to come by compared with many other markets. 

I've also been told it's difficult to do a heloc if it's not your primary residence.

We used to manage those type of apartments, they're extremely difficult to manage, not really sure what management company is in that space.

If you do not put data in the correct areas it makes it difficult for us to help you evaluate your deals.

Is there any way in which the building could be signed over to me or sold at a more reasonable price then I can turn around and take out loan using that prop as collateral to pay remaining balance on his original ask? 

I would also study in detail the landlord/tenant laws in the state you are investing, and see how easy or difficult it is get rid of non paying tenants. 

I prefer to hold, if I can, and I'll ask for a seller balance carry-back, but I think she wants the cash. 

The answer was 5 minutes, and people couldn't wait to rent the place.Ridgewood, like Jackson Heights for instance is very difficult to find parking, and difficult to get to work without a car.

Many OZ locations are very difficult investment locations and the information about substantial improvements is accurate.