Hi @Ryan Nelson ,You If your house is listed for $100k and the agent wants you to pay their commission for bringing the buyer, counter their offer with either:Rise the price to offset the cost of commissionsYou agree to the agent's offer and you pay the commissionYou don't sell to themHow valuable is it to you to sell quickly for higher (gross) dollar compared to waiting for a different buyer willing to pay their realtor commission?

Without getting into too much detail, the cost to build right now is astronomically high and this is putting upward pressure on the market.

So I strongly recommend people know who and what they are dealing with - saving $5-$10 a month can cost you a lot more in the long run

Will not having the correct reserves to deal with 100 year old repair costs potentially cripple your portfolio for a couple years?

Yes, you can ask them to be out by 10/29, but if they don't leave what will it cost you in terms of eviction costs, lost rent, damages, etc.2.

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.Creating an LLC in California could cost you a minimum tax of $800 every year.

@Tim JohnsonThere are essentially two ways (and a few variations) to purchase this deal, depending on how the owners are selling it:As a going concern:  In this instance you are buying the business, so it is the business you evaluate: assets, liabilities, revenues (historical: 3 - 5 years), operating costs (historical: 3-5 years), future financial projections, goodwill, etc.    

You'll be subsidizing mortgage with renters and splitting the rest of costs with him.

Cost is mostly legal, with about $10K - $15K being average.

You will stand out from the competition and the incremental costs will be recouped quickly in your low vacancy numbers…  good luck