If you have a relationship with the seller, if the property is fairly priced, if the seller is motivated, and you identify it as a deal, then you can send an LOI after the first call.

For your existing primary, you will need to have it leased with the security deposit and first month's rent collected.

is it in a high visibility area? 

You can easily do this on a spreadsheet, and it will take less time to track than finding and learning new software.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

That’s why sellers use it.

It allows you to stay organized and be steps ahead of where you would be without a system like this. 

Finished basements do not count towards GLA.

How did you find this deal and how did you negotiate it?

Wholesaler had it for $90k "as-is", another wholesaler bought it, cleaned it out, and relisted it for $120k.