Current owner is willing to break even on the purchase price however, in my opinion I think he should consider 5 or 10k less then the purchase price considering the amount of repairs he neglected over the length of ownership.

With my STRs here in Tampa Florida.  

My experience with PPR has been consistent with yours, as well as the search to find them.  

It builds wealth and most importantly cuts your expenses and gives you a front row seat at being a landlord.Was the best thing my wife and I ever did.  

I should be refunded my money.

I have about $80k in a HELOC on my current home where I live.

These are 2-bedroom, 1-bathroom properties that I had originally planned to keep in my rental portfolio, but my plans changed.

They are still high due to my lack of experience, but even then its much less.

Quote from @Jonathan Jackson: Hello, my is Jonathan Jackson I am new to the real estate investing world.Congratulations.....

And the rub is I do not even need to withdraw funds from my SEP IRA because I already have enough in my bank account to show them.