I am open to just selling one as well, the person I was going with backed out but it would be a shared room if only 1 ticket was sold.

Lastly, it's common for the Buyer's Broker agreement to have a clause that stipulates the client will owe a commission for property which is covered by your Buyer's Broker agreement if you agree to a purchase agreement within 60 or 90 days of the expiration of the agreement.

I had a similar idea last year and discussed it with a RE attorney in Texas.

And you have a vacant unit to do the "proper" plumbing repair.If you offer them a rent concession, my money is on them going back to that well each time there is a problem, asking for yet another abatement. 

@Roberto Westerband I did it last year. 

I have seen on my last trip to New York City formerly bankrupt hotels recover and make a ton of revenue off illegal immigrants.

I have a friend who works for a well-renowned construction company in our town who has offered to be our general contractor at a discount (only charging us 8% vs. the standard 15%) and "teach me the ropes"/make the right introductions so that I can repeat this on my own in the future. 

By quickly assessing the market and taking advantage of the property's high demand, Partner Driven added value through a well-timed sale without requiring extensive renovations.

There were a lot of bankrupt arbitragers over the last 2 years.

Well, what if you say $350k but at 5%.