After everything was said and done I gave a verbal offer of 150k and followed up with a tactic of Letter of Intent having three offers.

This will give you a clear idea of your budget and make your offers more competitive.Work with an Agent: Consider finding a real estate agent who specializes in the areas you're interested in.

Our thought here is that we will cash flow enough to cover property taxes, insurance, and management fees and possibly net $500-$1000 per month in profit.

Most conventional investment property loans, which offer lower interest rates and 30-year amortization, require the property to be in your personal name.As a result, many investors initially secure the loan in their personal name and then transfer the property into an LLC.

They offered assurances as to their high level of confidence in the applicant, but have provided any other info on the tenant.

Hello,Trying to source deals, I've been reaching out to many RE pros in my market (Spain) and came to be in touch with a family office that offered to sell me, among other overpriced assets, the whole fifth floor - subdivided in 2 apt - of a building they're renovating in the city center. 

They are cheap, and will get cheaper in coming recession, as tourism to Vegas will decline, and they have superior growth and great management, that know what they are actually doingADC -(Agree Realty), they do what I do privately, but on a bigger scale, run by Joey Agree , very smart, they have excellent growth, multi-tenant, triple net retail, and grocery anchored Retail, they will benefit from massive secular tailwinds, as there has been under construction in retail for years, due to fear of E-commerce, higher construction costs/insurance costs, post GFC under financing-construction, etc, so existing inventory is commanding higher rents, we are bumping new leases by 7-11%, they will get this endogenous earnings growth for yearsthese should perform well over next 10 years, never buy anything in Real Estate for less than 10 years, to allow to go through cycles, and if you can buy in 401k/IRA so dividends can be re-invested tax freegood luck, you have to monitor your E-REITS like you would any other stock, closely, as they move with sentiment not just on NAV like private Real estate, so you can't just dose em w 200mg of propofol and walk away, not that you'd ever do that :)good luck

1) have a building inspector come out and see if your shower answer is legal, proper, and common. 2) if so, and there’s no other reasonable cure lower their rent for the inconvenience, offer to let them out of the lease?

Has anyone used them and are they legit.I spoke with them they offered 100% financing if you pay them 3900.00 first to become part of there group with no guarantee that you will be funded

Just be sure you don't do something that voids your title insurance.