All three units are currently occupied.Ok, I am interested in moving forward with the process of potentially purchasing this triplex: In what order do I proceed from here?

I't true three heads are better than one, I will follow upon all these ideas that I have not tried yet.And Thank you!

You would still have the two requirements of 1.purchasing at least as much as you sell (the net sale or roughly 700K) 2. use all of the proceeds in the next purchase (roughly 175K).If you keep that property as  a rental for no more than three years after living in it for two years you would be able to sell it and still qualify for the primary residence tax free exclusion even though it is a rental at the time of sale.  

I reached out to someone today who sent me a letter and he would like to buy it subject to.There is a loan of $185,000 on the property in my personal name with Wells Fargo.Total rents are $3,010 a month and the mortgage payment, including mortgage interest, taxes and insurance is slightly over $1,800.He proposed paying me $10,000, taking care of my listing agent and paying all transfer taxes.We would transfer the deed into a trust that he is the trustee of, sign an agreement that if he missed three payments the property would come back to me and an agreement for him to sell or refinance within 5 years.The guy was calling from addicted2realestate.comAssuming I couldn't net more than that by keeping it listed, where is the risk and downside to me?

Hi there,I am visiting Denver, Dallas and Raleigh at the end of this month to get a more hands on feel for the investing market in all three of these cities.

For instance, I had a really good tenant for about three years, and he always paid on time.  

In my initial email to one of them, I asked for what they charge and he said for single family houses, they charge 1 months rent per year.I own three 4-plexes and he said that we could negotiate the terms.I would like to negotiate fair terms that incentivize the manager to run the property the way I want, which would be to fill units fast with tenants that stay long term and keeping the rent just under market rate.Any suggestions on terms, incentives and things to look out for would be much appreciated!

During the next 20 years I had purchased a 5 family, 8 family, three 4 family buildings, a 12 family, three single family buildings, and a 50 unit mobile home park on 50 acres of land.

For example, if a family locates a two-bedroom unit with a three-bedroom voucher, the two-bedroom VPS must be used to calculate your tenant portion of the rent."

Three different journeymen would show up and I would never see the same guy twice.