If you pay cash you'll pay yourself back percentage back, if you use the a hard money loan the refi would pay that off and the difference would go to you

You can convert the property to MF after acquiring it though.

I have a situation where a person I know is moving out of the country and would be looking to put their home for sale in the summer.

I go to vacant properties at least weekly unless they are multi-family with active neighbors.)Generally speaking, if a property isn't moving (and others in the area are), either you are priced too high or there is something lacking with your property.

However, this information is beneficial to the rest of the BiggerPockets members. 

For clients who purchase fixer-uppers, we can renovate the property to their exact specifications.

I just spoke to my realtor and let them know I'm not going to do the Sub-2 right now. 

hey hunter, best of luck on your journey. make sure to go to all networking events in the area and possibly even starting your own to start building footprint in the area.

Welcome to BiggerPockets!

Be sure to follow all formalities, such as sending via certified mail if required.Transfer Rent Payments: Notify tenants in writing that rent payments should be made to the new property management company moving forward.