Might be nice for your personal home but I do not think on an investment property is worth it - except for the marketing angle as people like our salt water pools.

It would be helpful to me at this time, to have about $25K in working capital for work on one of my multi-family properties.

Also make sure you are comfortable with some holding costs if the units don't get rented right away (if vacant).Also look into if there is rent control in the area that the property is located.

You buy a property SubTo 2.

I use QBO to keep track of my properties and do this for my bookkeeping clients also.

I've seen banks be very competitive with blanket loans that cover multiple properties and/or multi-family properties, e.g. 5+ units.Mortgage Brokers (obviously I'm biased) - Brokers have the ability to work with all of the above and can get you to the best lender for your scenario right away instead of having you waste your time with the wrong type of lender.

I have an opportunity to purchase an investment property that is NOT ON THE MARKET yet.

You can't see the property before if it's a true foreclosure so you are bidding blind.3.

Meaning they buy the property at once. 

@Mitch Davidson I purchased a property recently and closing in May.