And when you get my postcard or phone call, you tend to at least think about my instant solution to your difficult problem.

Any little blip happens and the property could instantly be cash flow negative.With true value add properties a typical structure is interest only on the loan so payments are minimal while injecting capital and stabilizing the property. 

Should I cash out for instant profits or should I hold it for the cash flow? 

I am pretty familiar with the way PMI works in typical circumstances but was hoping someone might know of a way to not pay given that the sale is between parent and daughter and that at the initial purchase I would have more than 20% instant equity in the property.Also, any other feedback or advice on this scenario would be super helpful!  

The fact that you drained your IRA for this move without leaving something for the future tells me that you were caught up in thinking you could make a great payday.

I have a 762 FICO and can put up to 25% down on both buildings.Some instant appreciation may be attained by updating the units and a Community Redevelopment Assoc has begun improving the nearby (less tan 1/4 mile) beach access road to attract more businesses & beach goers, which hopefully will also lead to added natural appreciation in time, once completed.So, am I doing these numbers the right way and what are your thoughts about this potential deal(s)?

Investors are going to generate more work for a smaller payday than retail buyers.

The listings seem up to date as compared to listing updates I get from my local agents emailing me data straight from the MLS.One feature I find particularly useful is the ability to set up queries and get updates emailed to you instantly if any listings that match your query change.

As soon as I called, he instantly knew who I was, and told me that he was turning 80 tomorrow (yesterday, so guess who got a birthday call!).

Get licensed...then you can legally get a referral fee...I generally get 25% of the actual sales commission upon sale for these types of referrals, which can be a nice payday for little work.