It would then be understandable that you need some time to get up to speed. 

Everyone should know how to calculate the worse case scenario and make an offer based on that.If there are good tenants with solid leases in place, in a great market and the seller won't budge, that's probably not a place for a super deal.  

Regarding the septic approval, my understanding is that systems are rated for number of bedrooms under an assumption of usage and per person usage.

My understanding in Maryland the seller provides the buyer with a copy of the COA papers at least 21 days prior to settlement and you have up to 7 days to review and pull out of the contract if you don't agree to the terms.  

Your insights are really helpful and have given me a clearer understanding of the current market situation and the options available to me.

I mostly want to understand how do I go about figuring out the demand / vacancy rates for MTR before investing in furniture etc on my property.

Hello – I'm looking for confirmation of understanding/ advice relating to transferring property into LLC and treatment from a tax perspectiveMy parents completed a 1031 exchange over 2 years in their own names – they file a joint tax return.

Begin by seeking legal counsel to understand default partnership rules and facilitate negotiations.

Having a look at the options always seems to help me understand all the perspectives.

@John Balzowski what no ones mentioning is an investor should understand Property Classes.The numbers you've done in TX, appear to be for Class B properties.