Do you intend to purchase additional properties?

@Kyle Deboer if you reach out to 1000 owners, you can expect 30 to respond and 3 to be actually thinking about selling.

You will have to go there once to twice a week to make sure that trash doesn’t get out of control.

The cost segregation studies that typically yield the highest credits and deduction are for properties valued at $150,000 or more or that have lots of added features such as components to operate or high-end custom finishes.

. :)The best book I've read is "The Unofficial Guide to Real Estate Investing" by Spencer Strauss.

I would like to hear your thoughts and what I need to verify before making an official offer.

The other thing to do is find a lender to partner with.

Do they want to stay? 

If the R2O buyer gives notice on their current place and your deal falls through at the last minute, those tenants would be scrambling to look for a place to live.

But…as soon as you pay cash, now you have to compare it to a GUARANTEED 5% bank return on your money.