I just want someone who I can pay for their time to come out and take a look at the physical condition (primarily exterior & plumbing) to back me up.

Hi Han,There is nothing wrong with buying a loan in this condition.

My daughter had the pleasure of taking over a 5-plex we found for her.All units were well below mkt rents in shabby condition, (hence the great price she got it) & one unit had been vacant for 3 years because of very poor PM.The intro letters went out & she quickly assessed who of the inherited tenants had to go.A year later she only has one of the inherited tenants left & after some rehab the rents for the new tenants have been increased significantly.

As long as the place is in the same condition as when you walked through, send her her money back and rehab what needs to be done.

You are making it a condition of tenancy, regardless of who collects the money.  

I'm not sure if you are referring to ARV(after repair value) when the property is finished or CMV (current market value) the as-is condition right now.

It also depends on the year the home is built, the condition it is in, etc to assess whether doing a pop top makes sense.

I could use your input on a propertyThe house is a 3/2 1367 SF Singe family in Union City, GAThe owner is asking 60,000 my ARV is 86,200The unit is in good condition and is currently rented for 750.00I checked Rent O Meter and there are three properties on the same streetrenting for 1000+I was thinking of a counter offer of 37,500 applying a 2% rule on thecurrent rentWith a max offer of 50,000 applying the 2% rule on potential rent based onthe rental compsMy question to the group would be is my logic sound on the counter?

I have moved and want to rent my old house out until market conditions improve or I might rent it out indefinitely. 

Most properties in Nebraska are built for the seasonal conditions we go through meaning we typically all have heating, A/C, good insulation, basements (for severe weather), etc.