Learn before you earn.Again, I am not trying to be “mean”, just keep in mind that you don’t know everything the seller is going through…from your side of the table this may look like an “easy deal” or a no brainer good deal the seller should jump on…seldom is this true.You probably won’t ever know what the seller is dealing with (could be multiple sellers, family issues, health problems with a loved one, and a hundred other things).

@Michael Deignan I am primarily interested in the Worcester market but I'm keeping my eyes open for deals in other MA towns as well.

Hi @Li Kia, I would suggest keeping the tiles and probably replace the damaged carpet by new carpet.

After analyzing the local Mercer County market I've noticed there are not that many MFH that are desirable meaning cash flow can occur, but appreciation, schools and good tenants will be at risk.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

I'd be lying if I said I wasn't a bit concerned about keeping it rented steady.

Set this aside.You wrote your end state goal is to sell the properties, meaning you want cash not the properties.

He thinks that means he doesn't have to pay the lender and has not been paying. 

Keep your head - your wife and kids will appreciate it :)

Keep us posted on your journey.