How would you like to approach?!

You just need to be careful you are not underinsured and the best way to do that is by paying for a "replacement cost" or "cost approach" appraisal.

I'd take the approach of being just a buyer, ask about the terms, leave the option open for you to live in the place and see if that makes a difference to them.

The theories advocate a 3 hat approach to business, Entrepreneur, Manager, Worker; each with their own priorities and responsibilities.

I hadn't considered this approach and I guess it shows my inexperience.

Hello Everyone, I've been interested in Real Estate for a couple years now, and thanks to the incredible BiggerPockets beginners guide I feel I'm ready to get started, but since my personal situation is so crazy, I was hoping I could get some suggestions on getting started with the quick and shortened version of my situation.

I usually have that age vintage in the 8's or 9's.They have and incredible amount of operating expenses with vacancy.28 units managing from afar does not allow proper structure in place for a full time manager and maintenance person.They have at about 61% but if other capex or problems are coming that cap could go to a 6 etc.I do not know that are so if it is in an amazing area and sitting on a bunch of land the dirt might make up for it.

Any other approaches that you guys can recommend?

I'm not advocating any kind of get rich quick strategy, just a way that I think is a better approach to accomplishing REI goals.

I love your approach (of course, I'm biased) and wish you the best!