@Nick MorrisThe feedback you've received here so far is invaluable, especially from good folks like @Jay Hinrichs , @Brian Burke , @Mike Dymski, & @Ian IppolitoIn addition to that, for me, what it comes down to:No matter what you want to invest in: stock market, oil, gold, real estate, or something else - you must do your DD!

There is another offer that went stale from COVID that was in the "mid-300s".When I walked the property, I noticed a number of issues with the property that would come up at inspection at which time I would ask for a price deduct; I estimated this around $27k (needs boiler, new electric service, old foundation that needs demo, underground oil tank...)Should I consider those deduction in my initial offer or should I wait until we are under contract and allow the inspection report to bring them up?

She also used my good olive oil as...well, you know

Oil worker country :) It did not require any repairs by the investor. 

The only thing I'm not crazy about is that the heat is not paid by the tenants (everything else is though) and it's oil heat.

In my city, everything is extremely reliant on oil prices.

With the crash of oil im looking at new ventures.

Houston economy is more diversified than it used to be in the 80s, when oil price crashed.

I pay for heat in two of the units ($375/mo on average through winter, oil heat) I want it out of my name.

Originally posted by Joshua Dorkin:but sadly, so many people continue to fall for guru hype.The reason why that is Josh is because the gurus are such good salespeople they offer so much to the unsuspecting person that they can't help but to fall for the snake oil speech.