I have been frustrated with those situations in the past.

@Erica Kendley you need to bring your own REALTOR before you end up in a bad situation.

Using VA funding = fixer uppers may not be approved by the VA Firefighter working 72+ hour shifts = not a lot of down time to finish major construction jobsLooking for $350k < Want to purchase ImmediatelyMust be some kind of house hacking situation VA loan for primary residenceMulti Family =< 4 Units I see all these success stories here on BP and it blows my mind! 

We are still in the process of handling the situation.

@Todd Powell  Similar situation, they share the same parking lot and the seller is having a difficult time selling them individually.  

ARV is about $360k There are numerous loan products out there for your situation, but all (that I've seen) require a personal guarantee and are full recourse.

I was not told of the toilet having an issue with running and of course I didn't know about a clog so there was no avenue for me to fix these issues.Has anyone had a similar situation and, if so, how have you handled it with your tenant? 

As I have grown to 31 units there are things that I certainly hand over to contractors and I don't do much more than make a quick phone call to deal with the situation.

I'm also in a similar situation.

@Karla Slyngstad A Delaware Statutory Trust qualifies for an exchange, and most have debt at or near 50%.In your situation, and speaking in general terms, a $400k equity investment would include a $400k debt position, satisfying $800k in an exchange.