In most cases, 6-12 months is a more realistic timeline, especially for larger rehabs or when you’re trying to maximize the property’s after-repair value.

It takes a lot of energy to sue someone.

A purchase agreement is a waste of time and energy and complicates the issue for Harry Homeowner.This is not a beginner strategy as there are federal laws concerning approaching debtors who have been given a notice of foreclosure.

Is there any way to use the equity in my current property to put towards the new property, or am i basically stuck selling the duplex and rolling it into the larger 6 unit rental?

@Elliot B.I doubt a energy meter based on airflow, heat - etc - of any variety - would hold up if challenged in a court of law - 

And south of that street is going to be newer, larger homes, a tier up. 76542 is actually very similar to that general rule as well.  

The larger ones are selling for 300 to 350 per square foot new construction depending on the lot.

For doing an STR well the larger properties are best and it needs to stand out amongst competition to perform well. 

Kansas city is a great market to invest in - are you thinking smaller (1-4 units) or larger (5+ units) multifamily properties?

What are some pros that I can highlight from the seller’s perspective.Here are a few that I’ve come up with:1) monthly income at a higher interest rate;2) avoiding a larger tax bill by reducing the purchase price (on paper);3) a promissory note that they could potentially sell down the road.Any other major ones I am missing?