The seller is now saying that he would recommend us not recording because if any issues come up with property he could handle it locally.

But before you make that decision, you need to have a serious come to jesus about what your goals, needs, and deal breakers are with regard to:Time - how much time can you reasonably afford to spend on the investment once it's made, on an ongoing basis Control - are you willing to sacrifice a bit of your return for someone else to handle tenanting, maintenance, and turnover, or do you want maximum control regardless of your experience levelResolve - if you're inclined to be very hands-on, do you honestly know that you will be able to maintain the level of involvement long-term?

What’s good way to handle it

Any suggestions or other opinions on the price or how to handle?

My cousin who happens to be a real estate salesperson in the tampa area has been handling things for me in a sense of contractor meetings, scheduling subs, getting quotes etc...

I haven't explored hard money lenders because I can't handle the high percentage rates and balloon payments.

Now, she handles a team of VAs doing all the heavy lifting for us.

However, you don't know what the prior owner had agreed to in writing with them, so it is likely best to have an attorney handle it for you.

Benefits: I put a sign on the lawn and in 1 week I have more groups of students than I can handle. 

You should be able to handle the management of the two units next door to you!