Hi, we are currently closing on a property for investment purposes. 

@Jazzous Anderson try NARPM.comAlso, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

-Lease to buy @ $930,000 (currently appraised at $890,000)-2 year term with option to purchase at the end of term-Non refundable 3% option fee of $27,900 -Rent $4700/month If purchasing at end of term: Option fee applied to purchase and 10% of all combined monthly rentIf not purchasing: Option fee is non refundableSeller able to break contract anytime with 60 days notice if agrees to pay renter 2x amount of option fee.

I am currently a commercial retail tenant agent, have one rental property and am looking to grow my portfolio. 

Loan to _______________________________________ Balance $____________________________ Interest rate: _________ %, Monthly Payment $___________________ Loan Number _____________ Date last payment made____________________________ Loan current through _________________B.

I am currently in Austin and the wholesale opportunity is not as lucrative here like in San Antonio or Houston.

Seems crazy, but that is the current rules.To answer @Joe Villeneuve question “How long will it take before the accumulated appreciation, outgain the accumulated negative CF?”

While I am not in a position to buy positions, I believe on your listing thread, it would be very helpful to share at least purchase price, current T12 NOI, and loan balance for both portfolios you are looking to sell. 

From a single family buying perspective, my only experience has been buying a new home 6 months ago, selling our current home, and talking with people I know.

Assessing the portfolio's current market value through a professional appraisal is crucial.