I think its an awesome deal to use cheap money to finance a flip and enjoy the benefits of our contractor expertise.

She now does my daughters and son-in-laws taxes as well and they enjoy working with her just as well. 

The owner is looking to retire and just get rid of the property so he and his wife can enjoy travel and enjoy their retirement.Ask price: 90k (trying to get him to 60-70k)Current market value on Property Shark: 87k (similar homes fully renovated in area have sold for 200k)Current tenants paying 650 and another is paying 730/monthProperty tax 2019: ~2kI am think about using an FHA loan to purchase the property, what pros and cons for the seller if I do?

Also would love to know more information about the NZ property markets I’ve been reading the bp books and listening to podcasts and although they do provide really good information and I enjoy listening to them , I feel a lot of the information doesn’t apply to The NZ property market?

I enjoy managing my properties and tend to fix or improve things before they break and that budget usually comes out of my reserves.

Do you want to truly enjoy living in your "home base" or are you okay setting up your home base wherever the numbers make the most sense?

@Matthew Peterson reminds me of my youth, first year of University, enjoy our nude & topless beaches, party til dawn until the cold reality of being conscripted hit @ 18, but we still couldn't drink (legally).

I usually did an annual few week visit to thoroughly check it and enjoy the beach.

Now I only add value to deals in areas I truly enjoy doing the work, and since I enjoy doing my small part it doesn't feel like a distraction from my job!

We're enjoying owning our Multi-family and want to pick up two more this year.