My other selling point is the owner will make more money selling move in condition home versus selling a fixer upper and on top of that he will attract more buyers who can obtain conventional loans.

There's one in decent condition in Statesville for 15k.  

He isn't thrilled with tying up 5 houses but like they say beggars can't be choosers.Do you know how much emphasis they place on condition?

We can close fast and will buy the property in any situation and condition. please call me anytime. 

What is the condition?  

Objective is to purchase a an owner occupied 3/2 duplex or triplex, with a 75-80% ARV (for under $325k; financing 80-85% via conventional mortgage via portfolio lender), in South (north of William Canon) or Northwest Hills of Austin, Texas that generates enough rental income to pay my mortgage, taxes, and expenses enabling me to live rent free for a year and then cash flows positive the year following (so I can purchase my next property).

Problem in my opinion is the condition of the properties.

I figure the condition of the home will not allow for a sale close to 81k.

I would anticipate the price will be bid up as the place is in decent condition.

Worst is when they set the price just below market as if the house was in good condition.