I told him he will need POF to see the prop.

I don't see the problem with you attempting to wholesale with you living there and knowing the sellers.

You'll want to keep your good tenants in the property as looooong as possible - cash reserves required by lender for your purchase - you'll want to see how much they require to see the range of property you can afford - overestimating occupancy - if you have a resident move out that's likely a solid 1 1/2 months without rent (depends on market but I'm just using averages) and if you have to evict that's likely 2 months without rent 

@Daniel Sanchez  welcome to BP and I definitely see the building focus becoming popular as well

It was interesting to see the development and transition of the Brickell and Midtown areas from the time I moved in to the time I moved out to the "country".

Hi Tasha, Have you gone to see the house?

On the positive side, sometimes banks will give you a great price on a foreclosed property, so it can work out very well, as long as you clearly see the potential issues.

I didn't see the property value or loan amount request in your original question.

I would like to find out if the seller is open to a deal, but the next step is that I would want to see the property another time and perhaps bring a contractor to give some estimates.3.

If rent is at $1300 what do you see the ARV at?