The 31-story, 552,000-SF trophy office development was purchased in February at a significant discount due to upcoming vacancies, allowing CoStar to relocate 500 employees from Washington, D.C., into 150,000 SF.

After visiting the property, I decided not to offer based on what seemed to be many interior issues, a roof that’s seen better days, and more tenants living in the unit I was allowed to view than I was expecting for a 800 square foot space. 

(Here in Denver, Airbnb rules are a patchwork across all the metro cities -- not allowed, allowed, allowed but w/ nights capped, etc.)Good luck!

Also, you will want to make sure that the telephone conversation you recorded is within a state that allows for one-party consent (meaning you) as that is not the case in all states including mine.  

It's basically delayed gratification that allows me to buy three duplexes instead of one with about $50K

It's also convenient that you live close to the property, which allows for easier management and oversight.As for financing, I understand that your bankruptcy in 2017 has posed some challenges for securing a loan.

On our most recent purchase, we bought a home with an assumable loan which allowed us to reduce our monthly mortgage payment by over $1,100 because we assumed a loan with a 3.08% rate instead of taking out a new loan (at that time) with a 7.5% rate! 

If this happens I have never had a Title Company or a lender not allow me to resale the property.

Definitely a great idea it will help you with qualifying for more and allow you to get into small multifamily.  

I’ve been doing BRRRRs in Memphis and Detroit since late 2020 and now have 9 doors across those markets. 100k with the right deals can allow you to scale to about 8 or so doors that all cash flow (after taxes, insurance, property management, mortgage) about 400-500/month each.