A track record of success opens up new opportunities that are otherwise unavailable to rookies.I currently own three rental properties in north Texas (DFW); 2 single family homes and a commercial property that I rent to a guy that uses it as a small appliance repair shop.

Having a RE attorney work with the seller's RE attorney is not an issue and as long as the RE attorney is competent and communicative all should go well.But I'll still give some advice from what I've learned the hard way: if there are any contingencies such as repairs (usually discovered and agreed on after the inspection) make certain all repairs/contingencies are completed prior to closing - and literally go and check to make certain these repairs were actually done. 

Security deposit to be paid back to be minus repairs (which likely there won’t be any).

I’m fairly handy, working with tools and making repairs for a living.

On a flip, take your After repair value and subtract your rehab costs, minute the percentage you'd like to make on the deal.

I built up a level of trust after working through 1 property that had one major repair item and several minimal repairs.

(there was a previous change of circumstance which added a 2nd inspection line item due to some repairs - this revised LE had the appraisal fee unchanged.

Per her it is 9 ppl that would be in the property and due to rushing her in I tried yo get last minute repairs in which where completed.My first visit my heart sank as I saw random ppl within my home as well as the smell of marijuana (no smoking was stipulated in contract.Than after they blew a fuse in my electrical box downing power on one side of the house.

This is the section I have in my lease APPLIANCES INCLUDEDStove and Refrigerator, DishwasherLandlord is responsible for repairs to appliances listed above unless otherwise stated here: Dishwasher will not be repaired, If tenant would like to pay for dishwasher repairs they may, upon written permission from Landlord, all repairs or replacements will become sole property of the Landlord and will remain in the unit when Tenant vacates.Tenant will be held liable damage to any appliances beyond normal wear and tear. 

Unless this is owner occupied you aren't going to be able to do much better than 20-25% since it's multi family..... exception being you have the funds to buy cash, do the repairs cash, and then do a cash out refi once repairs are completed.