Knowing the seller consisted of family members who inherited the property this year and had never actually seen it I offered $56k the same day it hit the market, cash, and close in 2 weeks.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

All my units beat average occupancy without discounting rates, but the mission beach units are not performing like they were shortly before covid.  

Tell her George at Illinois REIA recommended her.That being said perform your due diligence.

Turning a historic duplex into a high-performing asset while forcing $100k in appreciation is no small feat—seriously impressive. 

You could just invest in a fund that should out performed what you are doing. 

No Specific Performance": Without the remedy of specific performance, you can’t require the seller to clear the title and complete the sale.

.—(1) Whenever money is deposited or advanced by a tenant on a rental agreement as security for performance of the rental agreement or as advance rent for other than the next immediate rental period, the landlord or the landlord’s agent shall either:(a) Hold the total amount of such money in a separate non-interest-bearing account in a Florida banking institution for the benefit of the tenant or tenants.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

The unit consists of two beds, one office and one bathroom.